Discover the differences between Bitcoin and credit card transactions, as well as the advantages of using one over the other.  ( 24 min )

Lower-than-anticipated losses and the announcement of an 18% headcount reduction have contributed to a boost in Virgin Galactic's stock price.  ( 17 min )

If you want to get into house flipping but don't have the cash to invest, read on for options.  ( 31 min )

If there is no relationship between the two companies, then yes, collectively up to the contribution amount allowed by the IRS.  ( 19 min )

Affirm shares skyrocketed after the company posted better-than-expected results on booming volumes and efforts to limit the impact of delinquencies.  ( 17 min )

AMC Entertainment announced another stock sale to boost the struggling theater chain's finances, and shares sank.  ( 17 min )

Here's when (and how) investment losses in an IRA account were able to be included as a deduction on your tax return until 2018, due to passage of the TCJA.  ( 23 min )

Married couples filing jointly will receive a standard deduction of $29,200, an increase of $1,500 from the year before.  ( 17 min )

Having a small budget shouldn’t keep you from investing in your financial future. Here are smart ways to invest your dollars and grow your nest egg.  ( 29 min )

Tesla is raising the prices of its refreshed Model 3 and Model Y long-range vehicles in China after a style revamp.  ( 17 min )

Apple suffered a blow in a European court case over taxes after a tribunal was said to have made errors in a previous ruling in favor of the tech giant.  ( 18 min )

Disney, Paramount, and Warner Bros. Discovery shares rose in intraday trading Thursday after studios reached a tentative deal with striking actors.  ( 17 min )

Singles' Day is a holiday celebrated by unmarried people in China and is known for being the largest online shopping event in the world.  ( 24 min )

The price of the Ethereum network's underlying base crypto asset spiked after a filing in Delaware indicated that Blackrock may be considering an ETF.  ( 18 min )

Find out what to do if your employer doesn't offer a 401(k) retirement savings plan, including alternative investment options.  ( 27 min )

As the reality of the resumption of student loan payments sinks in, more borrowers are joining a new repayment plan that sets monthly payments for 2.9 million borrowers at $0 per month.  ( 18 min )

After years of unprecedented expansion, growth in China showed signs of persistent slowing in the 2010s. Did the U.S. need to worry or would it benefit?  ( 24 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 21 min )

Disney shares surged after beating profit estimates and saying it would cut costs, while Tesla shares fell after HSBC initiated coverage with a “reduce” rating.  ( 16 min )

Here are some instances when it's wise to take money out of this tax-free investment account.  ( 25 min )

Veterans are eligible for a wide array of financial benefits. Learn how to plan your budget and investing to meet your financial goals while protecting your money.  ( 28 min )

The U.S. government could try to control its spiraling debt costs by capping the yields on the bonds it issues. But such a move, though not unprecedented, would risk reigniting inflation.  ( 20 min )

Rates on 30-year mortgages dipped a bit lower Wednesday, keeping the average near its cheapest level since September. Rate movement was slight across all loan types.  ( 19 min )

Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 21 min )

Learn what to watch for before you find yourself drowning in debt or filing for bankruptcy.  ( 27 min )

AstraZeneca raised its guidance on higher demand for its cancer treatments and signed a licensing agreement with Eccogene for the Chinese company's experimental weight-loss pill.  ( 18 min )

Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.  ( 24 min )

A range of online companies offer personal loans for $35,000 or more with reasonable rates and terms.  ( 24 min )

Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 24 min )

There are plenty of purposes of a $5,000 personal loan, with top options including debt consolidation and financing large purchases.  ( 23 min )

Military personnel have a number of options for saving and investing. Learn how military retirement plans work and how to save as a service member.  ( 27 min )

The average cost of motorcycle insurance is about $60 per month, but your age, location, and driving history will impact your individual premium.  ( 24 min )

Arm reported record revenue in its first report since going public, but ADRs fell as its current quarter guidance missed analyst estimates.  ( 17 min )

An IRA transfer is the act of moving funds from an individual retirement account (IRA) to a retirement account, brokerage account, or bank account.  ( 25 min )

Bancassurance is an arrangement between a bank and an insurance company allowing the insurance company to sell its products to the bank's client base.  ( 25 min )

Read about the six biggest Canadian natural gas companies as measured by market capitalization.  ( 21 min )

U.S. consumers spent $10.6 billion on Halloween in 2022, with 2023 numbers expected to tally $12.2 billion.  ( 21 min )

IRAs and annuities are both retirement savings tools, but they have differences you need to know—especially if you want to house one inside the other.  ( 28 min )

Retiring successfully if you're a small business owner requires both an exit strategy and a bulletproof retirement plan, both for you and your staff.  ( 22 min )

A bearer bond is a fixed-income instrument that is owned by whoever has possession of it. Like cash, it has no registered owner.  ( 23 min )

Retirement planning is tricky, especially if you don't have a 401(k). Good news: There are plenty of other ways to save, including through a Roth IRA or a brokerage account.  ( 26 min )

The U.S. Department of Veterans Affairs was the name given to the Veterans Administration when it was elevated to a Cabinet-level department in 1988.  ( 24 min )

If you are a military retiree or veteran, you should know about medical care benefits you may be missing.  ( 31 min )

The Veterans Administration, known today as the Department of Veterans Affairs, provides medical care, benefits, and other services to veterans.  ( 23 min )

Read more about how SIMPLE IRAs work under ERISA rules, which cover most employer-sponsored retirement plans.  ( 24 min )

Hollywood studios and the actors union reached an agreement to end the 118-day strike and shares of the Walt Disney Company jumped as its streaming service delivered a beat on subscriber growth. Here’s what investors need to know today.  ( 18 min )

A bond rating is a grade given to bonds that indicates their credit quality. Learn how credit rating agencies assign bond ratings.  ( 23 min )

Bonds play an essential part in your portfolio: learning about different bond types and their features makes good financial sense.  ( 24 min )

Both traditional IRAs and Roth IRAs can be opened for kids of any age and the benefits range from the savings themselves to learning about money.  ( 31 min )

Eyes are on Fed Chair Jerome Powell's second appearance this week as policymakers send mixed messages on strategy.  ( 48 min )

(Bloomberg) -- Treasuries tumbled and stocks pushed lower after Jerome Powell threw cold water on Wall Street’s dovish bid by saying officials aren’t fully convinced they have tightened enough.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Griffin Says Peace Dividend Over, High Inflation to Last DecadesUS 30-Year Mortgage Rate Tumbles by Most in More Than a YearIsrael Latest: Army Says Daily Pauses to Let Gazans Flee SouthStocks Fall, Yields Climb After  ( 37 min )

No content preview

No content preview

The IRS has released the new tax brackets for tax year 2024.  ( 22 min )

Eyes are on Fed Chair Jerome Powell's second appearance this week as policymakers send mixed messages on strategy.  ( 46 min )

Federal Reserve Chair Jay Powell said Thursday that monetary policy is in 'restrictive territory,' cautioning that the Fed would not be misled by 'a few months of good data.'  ( 35 min )

No content preview

No content preview

No content preview

No content preview

The IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.  ( 34 min )

Lack of demand for longt-term Treasury bonds at a Thursday auction casued yields to spike and stocks to sink.  ( 19 min )

No content preview

The Internal Revenue Service announced its annual inflation adjustments to federal income-tax brackets for 2024  ( 27 min )

Eyes are on Fed Chair Jerome Powell's second appearance this week as policymakers send mixed messages on strategy.  ( 42 min )

Add one more Wall Street bank to the short list of research shops calling for Tesla stock to fall from its current level.  ( 36 min )

A filing to offer up more stock overshadowed better than expected earnings for AMC and sent shares lower.  ( 35 min )

A higher interest rate environment is prompting capital intensive space-related companies to lower costs and devise ways to survive for what could be turbulent times ahead.  ( 36 min )

U.S. electric vehicle startup Fisker is negotiating with five carmakers over a partnership to secure additional production capacity for its vehicles, its Chief Executive Henrik Fisker said on Thursday. The CEO told Reuters in May he was exploring partnerships with everyone from suppliers to tech companies to scale up production. The California-based startup has one vehicle on the market - an SUV called "Ocean", being launched from a factory in Austria operated by a unit of Magna International Inc. Two further models, a pickup and a smaller SUV, are due to be released by 2025.  ( 34 min )

After a difficult third quarter that saw real estate investment trusts (REITs) hammered down in share price, REITs are making a strong comeback. Talk of high interest rates, increasing vacancies and possible recession are still all around, but take a look at several REITs that just trounced the analyst estimates for the third quarter. One Liberty Properties Inc. (NYSE:OLP) is a Great Neck, New York-based diversified REIT that owns and manages retail, office and industrial properties under long-t  ( 36 min )

Roblox (RBLX) reported its third quarter earnings on Wednesday, clocking a massive beat and a key win for the company.  ( 36 min )

In an interview with Yahoo! Finance published in 2017, legendary investor Warren Buffett pinpointed a fundamental error many investors make. Buffett, known for his simple yet effective investment philosophy, highlighted the pitfalls of overconfidence in the market. Buffett’s investment strategy, often summarized as buying stocks when they’re affordable and holding onto them, has stood the test of time. Yet, he observes that investors repeatedly fall into the same traps. During an interview in Om  ( 34 min )

One of this year’s hottest stocks is on pace for its worst day of the year. Eli Lilly shares are down nearly 5% on Thursday morning. If shares close at current prices, it will be the worst day for the stock in at least about a year, according to Dow Jones Market Data. Lilly shares are still up mor  ( 23 min )

IBM will replace its 401(k) match with a "retirement benefit account." What it means and how it can affect retirement savings for employees and you.  ( 35 min )

No content preview

Disney's fiscal Q4 report marks the first time the media giant is delivering earnings under a new reporting structure that breaks out ESPN's financials.  ( 37 min )

(Bloomberg) -- Mark Spitznagel, the Universa Investments founder and chief investment officer whose firm is advised by Black Swan author Nassim Nicholas Taleb, said the stock market is likely to surge — then turn drastically when the Federal Reserve starts cutting interest rates. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearGriffin Says Peace Dividend Over, High Inflation to Last DecadesAdam N  ( 34 min )

Movie-theater chain AMC files to offer up to $350 million of stock.  ( 20 min )

Thursday, HSBC launched coverage of Tesla stock with a Sell rating and $146 price target.  ( 22 min )

Bitcoin and other cryptocurrencies rallied Thursday to fresh 18-month highs, carrying forward the momentum from a recent rally and supported by a number of factors that suggested gains can continue.  ( 30 min )

Copart, the world's largest auctioneer of salvaged vehicles, is gaining market share and growing margins. It's an under-the-radar growth stock story.  ( 41 min )

No content preview

No content preview

Instacart posted better-than-expected results in the grocery delivery company’s first earnings report since it went public in September.  ( 23 min )

Space tourism company Virgin Galactic reported a third-quarter per share loss of 28 cents from sales of $1.7 million. Wall Street was looking for a 42 cent loss from sales of $1.1 million.  ( 22 min )

Investors don't usually cheer when a company scales back its ambitions. But a newfound dose of realism seems to have done the trick for Adyen (NL:ADYEN). Shares in the Dutch payments provider soared 36% Thursday,  ( 23 min )

WeWork's co-founder and former chief executive exited four years ago as a billionaire. As WeWork slogs through bankruptcy, there's a further twist in the tale, The Wall Street Journal's Eliot Brown reports. SoftBank has hundreds of millions of dollars in outstanding loans to Adam Neumann that are b  ( 22 min )

Doubleline founder and CEO Jeffrey Gundlach thinks there is a much bigger problem facing investors than a Trump or Biden presidency.  ( 36 min )

Thursday, HSBC launched coverage of Tesla stock with a Sell rating and $146 price target.  ( 21 min )

Chief Executive Officer Chip Brewer says the company is "taking decisive action" to cut costs.  ( 20 min )

No content preview

No content preview

The Maryland-based biotech has flagged concerns about its ability to remain in business and has been banking on cost cuts and commercial sales of its retooled COVID shot to help it stay afloat. In a regulatory filing on Thursday, Novavax said it had $666 million in cash as of Sept. 30.  ( 33 min )

Nvidia is reported to be lining up new chips for the Chinese market as it looks to satisfy U.S. regulations on the export of technology to China.  ( 21 min )

Eyes are on Fed Chair Jerome Powell's second appearance this week as policymakers send mixed messages on strategy.  ( 35 min )

Better-than-expected earnings from Li Auto have shares of the Chinese electric-vehicle maker rising Thursday.  ( 22 min )

An executive at a video-streaming platform and another at a pharmaceutical company joined the growing list of Chinese business and political figures who have vanished or been detained this year.  ( 29 min )

Estate planning usually involves determining how to pass assets on to younger generations. But instead of leaving a piece of real estate, bank account or burgeoning stock portfolio to your children, the smarter tax move might be to leave those assets to your parents. That's the crux of a clever tax minimization strategy known as […] The post ‘Upstream Gifting’ Can Help You Avoid Estate Taxes and Preserve Your Stepped-Up Basis appeared first on SmartReads by SmartAsset.  ( 36 min )

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

(Bloomberg) -- Wall Street’s so-called Magnificent Seven has been living up to its name again, but none more so than Microsoft Corp.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearAdam Neumann Remains a Billionaire Even With WeWork BankruptcyVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsApple Co-Founder Wozniak Is Hospitalized in Mexico, Reports SayThe software giant has  ( 37 min )

(Bloomberg) -- It’s the buzz word on Wall Street and in the hallways of the Federal Reserve and Treasury Department. It’s blamed for triggering bond selloffs, shifts in debt auctions and interest-rate policy. That few agree on what exactly it reflects, or how to measure it, seems to matter little — the term premium is a powerful new force in the market.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a  ( 36 min )

Walt Disney's earnings beat estimates and subscribers surge, chip designer Arm issues a disappointing forecast, and Applovin's profit exceeds analysts' expectations.  ( 26 min )

Two authors with different outlooks have a similar message for investors.  ( 37 min )

(Bloomberg) -- The big bang expected for oil prices this year is turning into a whimper. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearAdam Neumann Remains a Billionaire Even With WeWork BankruptcyVIX Notches Its Longest Slide Since October 2015: Markets WrapVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsJust weeks ago, Brent crude was on the cusp of finally fulfilling i  ( 37 min )

(Bloomberg) -- Oil demand is healthy and speculators are to blame for the recent drop in crude prices, said Saudi Arabia’s energy minister. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearAdam Neumann Remains a Billionaire Even With WeWork BankruptcyVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsEverything We Know About Grand Theft Auto 6 Right Now“It’s not weak,” Prince A  ( 33 min )

No content preview

Nvidia is planning to release three new chips for China, local media reported on Thursday, weeks after the U.S. blocked it from selling two high-end artificial intelligence (AI) chips and one of its top gaming chips to Chinese firms. The STAR Market Daily news outlet, citing people familiar with the matter, said that the chips are called the HGX H20, L20 PCIe and L2 PCIe and that Nvidia could announce them on Nov. 16 at the earliest. Nvidia declined to comment when asked about the report.  ( 34 min )

Bitcoin is up over 32% in the past month.  ( 33 min )

An uneasy calm prevailed during Asian trade as investors digested a flurry of comments from central bank officials to look for signs of whether global interest rates have peaked, with Fed Chair Jerome Powell yet again to take centre stage. Powell on Wednesday did not comment on monetary policy in opening remarks at the U.S. central bank statistics conference, but is scheduled to speak at another conference on Thursday with traders ready to scrutinise every word. At a separate event on Wednesday, European Central Bank chief economist Philip Lane said his bank needs to see further progress in dampening inflationary pressure, and companies along with governments need to chip in to prevent more policy tightening.  ( 35 min )

"That's to deal with the tough rock that contains a lot of things that heretofore we weren't able to produce," Hamm explained at an energy conference.  ( 35 min )

Gold prices lingered near a three-week low on Thursday as the initial safe-haven demand from the Middle East conflict faded, while investors awaited comments from U.S. Federal Reserve Chair Jerome Powell for more clues on interest rates. Spot gold was down 0.1% at $1,948.39 per ounce by 0337 GMT after hitting its lowest since Oct. 19 on Wednesday. A slew of Fed officials who spoke this week maintained a balanced tone on the U.S. central bank's next decision, but noted that they would focus on economic data and the impact of higher long-term bond yields.  ( 34 min )

No content preview

No content preview

No content preview

Het Europees Parlement heeft donderdag een resolutie aangenomen waarin de EU-landen worden opgeroepen om strenger toe te zien op het Europese sanctiepakket tegen Rusland. Het parlement vindt dat de EU-landen het Rusland te gemakkelijk maken om de sancties te omzeilen.  ( 9 min )

Coöperatie Menzis verhoogt in 2024 de premie voor de basisverzekering met 5,50 euro. Daarmee komt het maandbedrag voor verzekerden op 146,75 euro. Het demissionaire kabinet raamde dat iedereen ongeveer 12 euro meer zou gaan betalen in 2024.  ( 9 min )

Een liter diesel kost donderdag 1,998 euro, meldt consumentencollectief UnitedConsumers. Het is voor het eerst sinds begin september dat de adviesprijs van diesel onder de 2 euro ligt.  ( 9 min )

Het Europees Parlement heeft donderdag een resolutie aangenomen waarin de EU-landen worden opgeroepen om strenger toe te zien op het Europese sanctiepakket tegen Rusland. Het parlement vindt dat de EU-landen het Rusland te gemakkelijk om de sancties te omzeilen.  ( 9 min )

Videochatdienst Omegle is door de eigenaar offline gehaald omdat het online platform door sommige gebruikers werd misbruikt. Via de dienst werden gebruikers willekeurig aan elkaar gekoppeld voor een videogesprek.  ( 8 min )

Eigenaren van nieuwbouwhuizen kunnen de komende jaren mogelijk hogere huurprijzen vragen. Het gaat dan om nog te bouwen woningen in het middensegment. Dat voorstel doet demissionair woonminister Hugo de Jonge, die hoopt dat een aantal nieuwbouwprojecten hierdoor weer wordt opgestart.  ( 9 min )

Grote kledingmerken als H&M moeten meer gaan betalen voor kleding uit fabrieken in Bangladesh. De regering in het land heeft het minimumloon flink verhoogd en kledingfabrieken gaan dat doorberekenen aan internationale kledingmerken.  ( 8 min )

Door de loonstijgingen van 2023 kijken meer mensen in Nederland uit naar een koopwoning. Zo kunnen hogere inkomensgroepen soms tot wel 50.000 euro meer lenen dan een jaar eerder. Maar daardoor gaan de huizenprijzen wel omhoog.  ( 10 min )

Grote kledingmerken als H&M moeten meer gaan betalen voor kleding uit fabrieken in Bangladesh. De regering in het land heeft het minimumloon flink verhoogd en kledingfabrieken gaan dat doorberekenen aan internationale kledingmerken.  ( 8 min )

Terwijl toezichthouder ACM in Nederland onderzoekt of we te weinig spaarrente krijgen door gebrekkige concurrentie van banken, is de Belgische concurrentiewaakhond daar al over uit. De vier grote banken zijn te dominant, oordeelt de BMA.  ( 10 min )

Winkelketen Action gedijt goed nu prijsbewuste consumenten proberen te besparen. De omzet van het bedrijf is in de eerste negen maanden ruim 30 procent gestegen, mede door winkelopeningen in Duitsland, Oostenrijk en Italië.  ( 9 min )

Dieven hebben het gemunt op e-bikes, scooters en bedrijfsauto's. Niet eerder zijn er zo vaak onderdelen gestolen als in de eerste negen maanden van dit jaar. In 2012 is de politie begonnen met het bijhouden van deze cijfers.  ( 9 min )

Cryptomunt bitcoin is voor het eerst sinds april 2022 meer waard dan 34.000 dollar (31.800 euro). Beleggers zijn positief over de mogelijkheid om via beleggingsfondsen in de munt te investeren. De waarde van de bitcoin is sinds begin dit jaar al meer dan verdubbeld.  ( 8 min )

China kampt weer met deflatie. De consumentenprijzen waren in oktober 0,2 procent lager dan een jaar eerder. Dit laat zien dat de bestedingen van Chinezen achterblijven. In juli had het land ook al te maken met deflatie.  ( 9 min )

Dieven hebben het gemunt op e-bikes, scooters en bedrijfsauto's. Niet eerder werden er zo vaak onderdelen gestolen als in de eerste negen maanden van dit jaar. In 2012 begon de politie met het bijhouden van deze cijfers.  ( 9 min )

CVS and Walgreens shares fell Wednesday after The Pharmacy Guild announced its launch, in an effort to unionize pharmacy workers calling for staffing and workload safety standards.  ( 1 min )

The S&P 500 was up 0.1% on Wednesday, Nov. 8, 2023, keeping its winning streak alive as the market weighed the possibility of more Fed interest rate hikes ahead.  ( 1 min )

U.S. equities edged lower at midday on Wednesday, Nov. 8, 2023, ahead of more comments from Fed officials that could offer clues on the future of interest rates.  ( 1 min )

Taking advantage of increasingly attractive yields on a virtually risk-free investment, U.S. investors flocked to money market funds in the third quarter amid floundering stock markets.  ( 1 min )

Amazon is ratcheting up its push into the health care market by offering discount subscriptions to its One Medical primary care unit for Prime members.  ( 1 min )

Spirit AeroSystems shares tumbled after the Boeing supplier announced measures to raise cash following a series of production issues that delayed aircraft deliveries.  ( 1 min )

Eli Lilly shares hit an all-time high after receiving FDA approval for Zepbound, an injectable treatment to help people lose weight.  ( 1 min )

Video game makers' shares jumped Wednesday on movie, earnings and game release news from big names in the industry.  ( 1 min )

General Motors and Stellantis joined other automakers investing a combined $33 million in Niron Magnetics, a startup producing rare earth-free magnets used in electric vehicles, amid concerns about reliance on China for materials.  ( 1 min )

Richard Branson's Virgin Galactic space tourism firm plans to lay off about 18% of its employees as it faces turbulent headwinds in the capital markets, the company says.  ( 36 min )

Revenue at Affirm was $497 million, up 37% from the year-ago quarter and well-ahead of the $444 million forecast by analysts surveyed by FactSet.  ( 22 min )

No content preview

No content preview

AMC Entertainment Holdings beat third-quarter revenue estimates on Wednesday, riding on the success of "Barbie" and "Oppenheimer" movies as volumes of theatrical releases also improved at the box office. The movie theater chain posted revenue of $1.41 billion for the quarter ended Sept. compared with market estimates of $1.26 billion, according to LSEG data.  ( 33 min )

Former President Donald Trump has vehemently criticized Governor Ron DeSantis’s approach to the Florida insurance market, condemning what he sees as protections for insurance companies that disadvantage state residents — particularly those hit by hurricanes. Trump labels DeSantis-supported legislation as a historic “insurance company bailout,” arguing it intensifies homeowners’ financial distress. Extending his rebuke to legislative actions, Trump singles out House Bill 837 and Senate Bill 236,  ( 34 min )

Revenue at Affirm was $497 million, up 37% from the year-ago quarter and well-ahead of the $444 million forecast by analysts surveyed by FactSet.  ( 22 min )

Hedge fund manager David Einhorn, whose Greenlight Capital gained 27.7% in the first nine months of 2023, said he is "worried about the direction of the market", bracing for higher oil prices and ready to buy beaten-down stocks. Einhorn's views on markets and specific stocks are widely watched for clues about investment trends. "Current extreme levels of geopolitical tension will lead to lower stock prices over a time frame that lasts more than a couple of hours," Einhorn and his team wrote to investors on Wednesday in a letter seen by Reuters.  ( 34 min )

Disney's fiscal Q4 report marks the first time the media giant is delivering earnings under a new reporting structure that breaks out ESPN's financials.  ( 36 min )

Markets have been highly volatile over the past few months, shifting rapidly between ups and downs. However, Bank of America strategist Savita Subramanian sees a strong ‘Buy’ signal that investors should note. Subramanian is pointing out the Sell Side Indicator, a sentiment gauge with an accurate history of identifying shifts in sentiment on Wall Street. Currently, the indicator is three times closer to ‘Buy’ than ‘Sell,’ a position that suggests a bullish future for equities.” “The SSI has been  ( 37 min )

"Dr. Doom" is launching the Atlas Climate Token, a stablecoin backed by a portfolio of liquid assets.  ( 34 min )

The alternative benchmark offers a better view of America’s stockmarket  ( 36 min )

Lucid stock slid over 8% after the luxury electric vehicle maker reported Q3 results that missed the mark, and cut its production forecast as demand slows for its pricey vehicles.  ( 35 min )

No content preview  ( 19 min )

No content preview

Media and theme-park giant Walt Disney is set to report its latest quarterly financial results after the closing bell today. Here's what Wall Street anal  ( 24 min )

Warner Bros. Discovery Chief Executive David Zaslav said the company is now in a position to spend more on potential acquisitions after paying off billions of dollars of debt. “We could be really opportunistic over the next 12 to 24 months,” Zaslav said on a call with analysts to discuss the compan  ( 24 min )

Financial advisors describe the most common blunders they see very wealthy people make.  ( 22 min )

No content preview

No content preview

No content preview

No content preview

No content preview

A new report shows investors bet against several renewable and EV stocks in October.  ( 35 min )

No content preview

A group of Google employees has published an open letter calling out an alleged double standard in the company related to freedom of expression surrounding the Israel-Hamas war. The letter condemns “hate, abuse and retaliation” within the company against Muslim, Arab, and Palestinian workers and demands it pulls out of Project Nimbus.  ( 34 min )

No content preview

The tax agency announced this week a host of improvements to help Americans file their taxes next year.  ( 36 min )

Steve Ballmer, once an assistant to Bill Gates at Microsoft, is now ranking just a few spots away from his former boss on the list of the world’s richest people. According to Bloomberg, Ballmer’s net worth soared to $117 billion in October 2023, placing him as the fifth-richest globally, just $5 billion short of Gates’ wealth. Gates has donated a substantial part of his fortune to charity since leaving Microsoft. According to Forbes’ real-time billionaires list on Nov.8, 2023, Steve Ballmer’s ne  ( 35 min )

Disney's fiscal Q4 report marks the first time the media giant is delivering earnings under a new reporting structure that breaks out ESPN's financials.  ( 36 min )

Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 37 min )

A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.  ( 35 min )

No content preview

Virgin Galactic says it will cut jobs and expenses to focus on producing its lower-cost Delta spaceships.  ( 19 min )

CEO Kate Johnson bought 1 million shares of Lumen Technologies stock last week as it dipped into penny-stock territory.  ( 28 min )

No content preview

Bitcoin and other cryptocurrencies were rising Wednesday, nearing recent highs amid a bevy of positive factors buoying digital assets.  ( 23 min )

Investors digested corporate earnings as stocks looked to extend their longest stretch of daily gains in about two years.  ( 36 min )

No content preview

Virgin Galactic says it will cut jobs and expenses to focus on producing its lower-cost Delta spaceships.  ( 19 min )

No content preview  ( 21 min )

The IT infrastructure provider Kyndryl, spun out of IBM two years ago, raised its forecast for full-year 2023 adjusted pretax income.  ( 24 min )

No content preview

No content preview

Warner Bros. Discovery said its streaming business swung to a profit but lost subscribers in the third quarter, while a downturn in advertising weighed on its cable-networks unit. Warner Bros. Discovery—whose assets include cable channels such as CNN, TNT, and HBO, the Warner Bros. movie studio and  ( 24 min )

EV start-up Fisker adjusted the timing of its third-quarter earnings release. Investors didn't like that decision. Its stock is tanking.  ( 21 min )

The Mediterranean take-out restaurant chain Cava Group said revenue jumped almost 50% from the same period last year. It reported an unexpected profit.  ( 21 min )

The company, in its latest healthcare push, plans to offer its millions of Amazon Prime subscribers a low-cost annual membership to One Medical, the primary-care business it purchased for $3.9 billion.  ( 30 min )

Roblox stock jumped as a smaller-than-expected loss trumped a sales miss.  ( 18 min )

No content preview

Rivian now expects to build more than six times the number of electric vehicles that Lucid now aspires to for this year.  ( 35 min )

Americans’ credit card balances have hit a record high.  ( 35 min )

No content preview

Teva Pharmaceutical Industries reported slightly higher third-quarter profit, helped by sales of its Austedo treatment for Huntington's Disease, and said production in Israel was unaffected by the country's war with Hamas in Gaza. The world's largest generic drugmaker said on Wednesday it earned 60 cents per diluted share excluding one-time items in the July-September quarter, up from 59 cents per share a year earlier. Revenue rose 7% to $3.9 billion, with Austedo sales up 30% in North America to $339 million.  ( 34 min )

The Mortgage Bankers Association on Wednesday said the average contract rate on a 30-year fixed-rate mortgage dropped in the week ended Nov. 3 by a quarter percentage point to 7.61%, the lowest in about a month. That months-long updraft in yields saw a sharp reversal last week after the U.S. Treasury said upcoming debt issuance would be somewhat less than previously expected and the Federal Reserve left its key overnight policy rate on hold for a second straight meeting.  ( 34 min )

“We’re just hitting a ‘law of large numbers’ situation here,” Musk admitted recently.  ( 37 min )

(Bloomberg) -- The average 30-year mortgage rate plunged last week by the most in more than a year, helping generate the biggest advance in home purchase applications since early June.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseXi to Meet US Business Leaders for Dinner in San FranciscoWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, M  ( 33 min )

Since he was hired a year ago, CEO Christopher Viehbacher has led efforts to cut expenses and help Biogen recover from its missteps around the controversial Alzheimer's drug Aduhelm that never gained traction. Biogen is banking on the success of Leqembi and tuck-in deals like its recent $6.5 billion buyout of Reata Pharmaceuticals to grow its revenue. It has incurred integration costs of about $30 million related to the acquisition.  ( 34 min )

Investors are on high alert for Chair Jerome Powell's comments after several hawkish Fed speakers put a check on spirits.  ( 36 min )

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

Rockstar Games plans to announce Grand Theft Auto VI this week before a trailer next month, according to a report.  ( 19 min )

Adam Neumann, the billionaire founder of WeWork, said the company "has failed to take advantage of a product that is more relevant today than ever before" since he left.  ( 35 min )

Sequoia Capital is one of Silicon Valley's biggest and most sophisticated investment firms. So how did it get taken by the crypto scammer Sam Bankman-Fried?  ( 38 min )

Wall Street has kicked off November on a high note, with the the S&P 500 and the Nasdaq notching their longest streak of gains in two years on Tuesday as Treasury yields retreated sharply amid expectations that the Fed has reached the end of its tightening campaign. Markets are now pricing in rate cuts as soon as in May, according to the CME Group's FedWatch tool, with odds of a cut of at least 25 basis points having risen to nearly 52% compared to about 41% a week ago. However, guarded comments from several central bank officials over the past few days have kept investors on edge, with Fed Governor Michelle Bowman flagging the possibility of further rate hikes given the strength of the U.S. economy.  ( 35 min )

Rivian raises production guidance, Robinhood's third-quarter revenue misses analysts' expectations, and Upstart posts a wider-than-expected quarterly loss.  ( 26 min )

Virgin Galactic says it will cut jobs and expenses to focus on producing its lower-cost Delta spaceships.  ( 19 min )

The analyst who called the 2008 financial crisis is predicting big changes in the housing market as baby boomers downsize.  ( 34 min )

Supermarket group Ahold Delhaize on Wednesday trimmed 2023 earnings guidance and flagged margin weakness in the United States, its main market, sending its shares falling nearly 6%. Retailers, whose profits have been boosted over the past two years by rising prices, are seeing their margins squeezed as food price inflation falls and consumers curb their spending. The group, which operates the Stop & Shop, Giant, Food Lion and Hannaford chains in the U.S. and the Albert Heijn and Delhaize chains in the Netherlands and Belgium, now sees 2023 underlying earnings per share slightly below last year's level, It had previously forecast annual profit in line with 2022.  ( 34 min )

Bayer CEO Bill Anderson said he is looking at various structural options for the company but ruled out splitting the group into three businesses.  ( 27 min )

Disney stock is down 3% this year, as linear TV struggles and streaming slows. What to expect from earnings.  ( 30 min )

AMC Entertainment's results, set to be released after tonight's closing bell, will be all about this summer's blockbuster movie phenomenon known as Barbenheimer. AMC stock is down 71% so far this year and fell more than 6% on Tuesday.  ( 21 min )

Investing.com -- Gilead (NASDAQ:GILD) has reported third-quarter results that beat analyst estimates, driven in part by strong sales of its cancer drug and a fall in taxes.  ( 34 min )

(Bloomberg) -- Stocks in Asia traded in narrow ranges on Wednesday as investors waited to hear more from Federal Reserve officials who are due to speak this week, including Chair Jerome Powell. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsMalaysia Renews Hamas Sup  ( 36 min )

ABN Amro posted better-than-expected profits for the third quarter but net interest income fell 5% on-quarter, undershooting forecasts.  ( 26 min )

China's State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangdong province, where both companies are based, to help arrange a rescue of Country Garden by Ping An, said two of the sources who have direct knowledge of the matter. A spokesperson for Ping An said the company had not been approached by the government and denied the information reported by Reuters.  ( 36 min )

Markets are largely in a holding pattern, with investors looking to two days of commentary from Fed Chair Jay Powell starting later in the day for a steer on whether U.S. rate hikes are indeed done. Last week's surprisingly soft jobs data heightened expectations that interest rates had peaked, but Fed commentary since then has warned against complacency in the fight against inflation. For now, investors have dialled up wagers on near-term rate cuts, with the Fed funds rate showing better than 50/50 odds for one as early as May. The dollar's prospects have also softened in line with the more sanguine outlook on rates.  ( 33 min )

No content preview

(Bloomberg) -- As China’s e-commerce giants hunker down for battle this month in the world’s biggest shopping event, market pros are betting that Temu-owner PDD Holdings Inc. will continue beating them all.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsMalaysia Rene  ( 36 min )

No content preview

Employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.  ( 26 min )

Today's best CD rates are 6.18% from Bayer Heritage Federal Credit Union, 6.07% from OMB, 5.80% from either Seattle Bank or Credit Human, and 5.76% from TotalDirectBank.  ( 19 min )

General Motors and Stellantis joined other automakers investing a combined $33 million in Niron Magnetics, a startup producing rare earth-free magnets used in electric vehicles, amid concerns about reliance on China for materials.  ( 17 min )

Eli Lilly shares hit an all-time high after receiving FDA approval for Zepbound, an injectable treatment to help people lose weight.  ( 18 min )

The S&P 500 was up 0.1% on Wednesday, Nov. 8, 2023, keeping its winning streak alive as the market weighed the possibility of more Fed interest rate hikes ahead.  ( 17 min )

Zero coupon bonds are bonds that do not make any interest payments until maturity. You won't put a single penny of interest in your pocket for two decades.  ( 26 min )

Disney's fourth-quarter fiscal 2023 earnings beat analyst predictions as the company saw robust subscription growth, narrower losses in its streaming segment and a booming theme park business.  ( 17 min )

A cash balance pension plan is a type of retirement savings account with an option for payment as a lifetime annuity.  ( 24 min )

CVS and Walgreens shares fell Wednesday after The Pharmacy Guild announced its launch, in an effort to unionize pharmacy workers calling for staffing and workload safety standards.  ( 17 min )

Today's top rates on nationwide money market accounts are 5.35% from Brilliant Bank, 5.25% from UFB Direct, and 5.21% from Republic Bank of Chicago.  ( 18 min )

If you're saving for retirement, you have several strategies to choose from. The best retirement plans are typically tax-advantaged accounts like 401(k)s and IRAs.  ( 33 min )

Amazon is ratcheting up its push into the health care market by offering discount subscriptions to its One Medical primary care unit for Prime members.  ( 17 min )

The MBA Refinance Index is a weekly measurement put together by the Mortgage Bankers Association. The index helps to predict mortgage activity and loan prepayments.  ( 22 min )

Sen. Booker proposed a baby bond program as a means to end intergenerational poverty. But how effective would such a seemingly radical plan be?  ( 25 min )

An audit trail tracks accounting data to its source for verification. Learn how companies use auditing to reconcile accounts and detect fraud.  ( 24 min )

Here’s a list of tasks to check off before tax time, including taking required minimum distributions and contributing to your retirement accounts.  ( 29 min )

Taking advantage of increasingly attractive yields on a virtually risk-free investment, U.S. investors flocked to money market funds in the third quarter amid floundering stock markets.  ( 18 min )

Here's what to keep in mind when considering investing in Fundrise's eREITs.  ( 25 min )

Learn to take advantage of special tax breaks for military members so you can make the most of your money and your benefits.  ( 24 min )

Changes in technology and the creation of professional mining centers have affected profitability for individual bitcoin miners.  ( 26 min )

Spirit AeroSystems shares tumbled after the Boeing supplier announced measures to raise cash following a series of production issues that delayed aircraft deliveries.  ( 17 min )

Shares of electric vehicle maker Lucid Motors fell roughly 10% on Wednesday, a day after the company reported less-than-impressive third-quarter results and cut its production guidance for the year.  ( 18 min )

An equity risk premium is an excess return that investing in the stock market provides over a risk-free rate.  ( 25 min )

Accounts receivable aging is a report categorizing a company's accounts receivable according to the length of time an invoice has been outstanding. Learn how it's used.  ( 25 min )

Wholesale inventories rose in September 2023 by 0.2%, helped by a 2.9% jump in auto parts inventory as the autoworkers’ strike may have impacted supplies.  ( 17 min )

Taxes for Native Americans are slightly different from those for other U.S. citizens. While they pay federal income tax, there are exemptions for some forms of income, and tribes set their own sales taxes.  ( 23 min )

Tax-efficient investing can minimize your tax burden and maximize your returns. Find out why tax-efficient investing is important and how it can save you money.  ( 27 min )

Is there a cryptocurrency price correlation with the equity markets? We investigate.  ( 25 min )

Sensex is an abbreviation of the Sensitive Index, India's stock index. Its components trade on the BSE, formerly known as the Bombay Stock Exchange.  ( 25 min )

How the FAFSA helps students get federal and state financial aid, including grants, loans, and even scholarships.  ( 28 min )

It's easy for some people to become millionaires. But what if you don't have a high-paying job or family money? You still can make it.  ( 30 min )

U.S. equities edged lower at midday on Wednesday, Nov. 8, 2023, ahead of more comments from Fed officials that could offer clues on the future of interest rates.  ( 18 min )

A free-float methodology is a system by which the market capitalization of an index's companies is determined.  ( 24 min )

Warner Bros. Discovery shares cratered as the owner of cable networks, streaming services, and a movie studio reported TV revenue and streaming subscribers declined.  ( 18 min )

Robinhood shares tumbled as the online brokerage missed analysts' estimates and warned about current quarter revenue.  ( 17 min )

Mortgage rates were flat or slightly up Tuesday. After plunging almost a half percentage point last week, 30-year rates have since added back about a tenth of a point.  ( 19 min )

Video game makers' shares jumped Wednesday on movie, earnings and game release news from big names in the industry.  ( 17 min )

Though many baby boomers are working past age 65, as they continue to retire the economic effects could be profound for the nation's productivity and social programs.  ( 25 min )

Don’t assume your IRA custodian will track your deductible and nondeductible contributions. Keeping good records helps you avoid double taxation.  ( 26 min )

A Savings Incentive Match Plan for Employees of Small Employers is a type of employer-sponsored tax-deferred retirement account.  ( 23 min )

Speculators for the first time since mid-2022 are signaling optimism on U.S. stocks, as futures markets bets favoring S&P 500 gains now outweigh bearish wagers.  ( 19 min )

Each type of housing—condominiums, townhouses, and detached houses—has its pros and cons. Consider both your lifestyle and budget before deciding.  ( 25 min )

A Roth IRA might make good financial sense even if you are approaching or in retirement age. Here are some key considerations.  ( 30 min )

A tax-sheltered annuity allows an employee to make pretax contributions from his or her income into a retirement plan.  ( 23 min )

Find out about the benefits, features, and interest charges of the Goodyear Credit Card. Learn which customers benefit most and who the competition is.  ( 26 min )

Best Buy credit card offers promotional financing and cash-back rewards to incentivize higher spending.  ( 25 min )

Both capital gains and dividend payments are incomes that must be declared. Selling something for a profit leads to capital gains. A payment made by a corporation to stockholders is a dividend.  ( 23 min )

Non-deductible IRAs are particularly attractive for people who are restricted by income limits in how much money they can put away for retirement.  ( 26 min )

A retirement contribution is a payment into a retirement plan, either pretax or after-tax.  ( 26 min )

Shares of EV truck maker Rivian surged after raising its production forecast for the year, and Amazon is reportedly developing a new artificial intelligence model. Here’s what investors need to know today.  ( 18 min )

The ex-date, or ex-dividend date, is the date on or after which a security is traded without a previously declared dividend or distribution.  ( 23 min )

Contribution limits for IRAs, 401(k)s, and other plans can change from year to year due to cost-of-living adjustments. Here are the changes for 2024.  ( 25 min )

An industry is a classification for a group of companies that are related in terms of their primary business activities. Learn more about how this term is used.  ( 26 min )

How IRA withdrawals are taxed depends on the type of account. Tax consequences for traditional IRAs and Roth IRAs are different in significant ways.  ( 25 min )

The backdoor Roth IRA strategy allows taxpayers to set up a Roth IRA even if their income exceeds the IRS earnings ceiling for Roth ownership.  ( 26 min )

Employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.  ( 26 min )

Vrouwen, mensen van buitenlandse afkomst en mensen met een beperking voelen zich relatief vaak gediscrimineerd op de werkvloer. Net als personeel van grote bedrijven, medewerkers die weinig zelf mogen beslissen en personeel dat gevaarlijk werk doet.  ( 10 min )

Het Japanse bedrijf Eneos Group heeft een recordbedrag van 4 miljoen dollar (ruim 3,7 miljoen euro) betaald om een plekje voor in de rij voor het overvolle Panamakanaal in Latijns-Amerika te krijgen. Dat komt naar voren uit veilingdocumenten.  ( 8 min )

VVD, D66, GroenLinks-PvdA, CDA, ChristenUnie, Volt, JA21 en SGP hebben hun plannen voor de komende kabinetsperiode laten doorrekenen door het Centraal Planbureau. Een samenvatting van de plannen van de eerste vier partijen, de overige lees je in een ander artikel.  ( 13 min )

VVD, D66, GroenLinks-PvdA, CDA, ChristenUnie, Volt, JA21 en SGP hebben hun plannen voor de komende kabinetsperiode laten doorrekenen door het Centraal Planbureau. Een samenvatting van de plannen van ChristenUnie, Volt, JA21 en SGP.  ( 12 min )

Mediabedrijf RTL Group heeft last van adverteerders die minder geld besteden aan reclames. Bedrijven zijn terughoudend met hun marketinguitgaven vanwege slechte economische vooruitzichten. Door de reclamedip was de omzet van RTL in de eerste negen maanden van 2023 met 4,66 miljard euro 7 procent lager dan vorig jaar.  ( 8 min )

De dijken, waterkeringen en dammen die ons tegen het water beschermen worden versterkt. In 2014 werd geschat dat het om zo'n 1.500 kilometer ging, nu blijkt het te gaan om ongeveer 2.000 kilometer. De operatie gaat vele miljarden extra kosten.  ( 9 min )

De vraag naar diamanten is de laatste maanden flink gekelderd. Dat blijkt uit cijfers van onder meer De Beers Group, een van de grootste diamanthandelaren ter wereld.  ( 8 min )

Dat de armoede in Nederland vorig jaar historisch laag was, ziet Stichting Armoedefonds niet terug in de praktijk. Dat meldt het fonds woensdag in een reactie op nieuwe cijfers.  ( 8 min )

Adidas stopt voorlopig met de verkoop van de populaire Yeezy-sneakers, hoewel de collectie van rapper Ye de afgelopen tijd weer honderden miljoenen heeft opgeleverd.  ( 9 min )

Elon Musk brengt een chatbot uit die net even anders werkt dan zijn concurrenten. Grok is gemaakt om vragen te beantwoorden met humor en op een rebelse toon. De chatbot geeft volgens Musk ook antwoord op pittige vragen die door andere chatbots worden geschuwd.  ( 10 min )

Mensen met invloedrijke politieke functies zijn betrokken bij 14 miljard euro aan verdachte geldtransacties van en naar Nederland. Het gaat om crimineel geld dat voortkomt uit onder meer omkoping, afpersing en verduistering van geld uit de schatkist.  ( 9 min )

Het beleid om voorzichtig te zijn met renteverhogingen legt ABN AMRO geen windeieren. De bank heeft in het derde kwartaal een winst van 759 miljoen euro geboekt. Dat komt mede door "sterke netto rentebaten", zoals ABN het omschrijft.  ( 9 min )

We gaan vijftig jaar terug in de tijd en horen hoe de hele omgeving toen Hoogovens ademde - letterlijk en figuurlijk. In vrijwel elk gezin in de IJmond lijkt wel iemand voor het bedrijf te werken. Het jaarlijkse hoogtepunt is de trotse onthulling van het kerstpakket.  ( 7 min )

Ahold Delhaize verkoopt de Amerikaanse online supermarkt FreshDirect aan flitsbezorger Getir. Dat maakten beide bedrijven woensdag bekend. Verder blijkt dat de winst bij het moederbedrijf van Albert Heijn en bol flink is gedaald.  ( 9 min )

Pensioenfonds PFZW verhoogt zijn pensioenen volgend jaar met 4,8 procent. De verhoging geldt ook voor degenen die nog niet met pensioen zijn, maar wel pensioen opbouwen.  ( 9 min )

Meerdere politieke partijen plaatsen zonder toestemming volgcookies op hun websites. Daarmee schenden ze de wet, blijkt uit onderzoek van de NOS. De overtredingen zijn gesignaleerd bij BoerBurgerBeweging (BBB), Forum voor Democratie (FVD), SGP en Volt.  ( 8 min )

Pensioenfonds PFZW verhoogt zijn pensioenen volgend jaar met 4,8 procent. De verhoging geldt ook voor degenen die nog niet met pensioen zijn, maar wel pensioen opbouwen.  ( 8 min )

Het beleid om voorzichtig te zijn met renteverhogingen legt ABN AMRO geen windeieren. De bank heeft in het derde kwartaal een winst van 759 miljoen euro geboekt. Dat komt mede door "sterke netto rentebaten", zoals ABN het omschrijft.  ( 9 min )

Voordat Tata Steel een van de controversieelste bedrijven van Nederland werd, was de staalfabriek juist zeer geliefd bij omwonenden. "Nederland was verzuild. En in de IJmond kun je zeggen dat Hoogovens een soort eigen zuil had", vertelt een ex-medewerker.  ( 12 min )

Speculators for the first time since mid-2022 are signaling optimism on U.S. stocks, as futures markets bets favoring S&P 500 gains now outweigh bearish wagers.  ( 1 min )

Stock futures were slightly higher in premarket trading as oil prices continued to tumble from yesterday's 3-month low ahead of a speech from Fed Chair Jerome Powell.  ( 1 min )

Shares of EV truck maker Rivian surged after raising its production forecast for the year, and Amazon is reportedly developing a new artificial intelligence model. Here’s what investors need to know today.  ( 1 min )

The Municipal Liquidity Facility (MLF) was a Federal Reserve initiative to keep state and local governments funded during the COVID-19 crisis.  ( 22 min )

Today's best CD rates are 6.18% from Bayer Heritage Federal Credit Union, 6.14% from Minnequa Works Credit Union, and 5.80% from either Seattle Bank or Credit Human.  ( 19 min )

Theodore W. Schultz was an agricultural economist who won the Nobel Prize in Economics in 1979 for his research in development economics.  ( 21 min )

An Associate in Commercial Underwriting (AU) is a person with qualifications to evaluate risk for insurance companies.  ( 21 min )

The S&P 500 gained 0.3% on Tuesday, Nov. 7, 2023, amid optimism that the Fed has finished raising interest rates to tackle high inflation.  ( 17 min )

DDOG stock jumped 30% after the cloud cybersecurity company handily beat out analyst expectations and revised full-year guidance higher.  ( 17 min )

GlobalFoundries shares surged after reporting better-than-expected third-quarter earnings on resilient demand, boosting other chip stocks.  ( 17 min )

Something unusual happened with the nation’s student loan debt the last quarter: It went down, and by a record amount.  ( 17 min )

The Free Application for Federal Student Aid (FAFSA) is the key to getting grants, scholarships, work-study, and loans to help pay for college.  ( 27 min )

China Investment Corporation is the sovereign wealth fund of China that invests in public and private assets to diversify foreign exchange holdings.  ( 22 min )

Planet Fitness shares powered higher as membership additions helped the fitness center operator beat profit and sales estimates.  ( 17 min )

If you have an ITIN instead of a Social Security number, you can still get a personal loan. Here’s what you need to know about the process.  ( 24 min )

The limit for contributions to traditional and Roth IRAs for 2023 is $7,000, plus $8,000 if the taxpayer is age 50 or older.  ( 29 min )

The regulator in charge of the Federal Home Loan Banking system wants the government enterprise company to be less of a “lender of last resort” for failing banks after this spring's turmoil.  ( 18 min )

Rates on 30-year mortgages have halted their four-day plunge with a minor increase. But rates for 10-year, 15-year, and 20-year loans saw much bigger jumps.  ( 19 min )

The Current Population Survey is a statistical survey of households that is performed by the U.S. Census Bureau of Labor Statistics on a monthly basis.  ( 23 min )

Learn about what notional and market value are, and how to calculate the notional value of a futures contract.  ( 23 min )

Shares of Gen Digital moved higher as the cybersecurity software firm beat sales estimates, boosted by growth in customers and revenue per user.  ( 18 min )

During appearances on Tuesday, Chicago Fed President Austan Goolsbee said the economy was making sufficient progress on inflation, while Fed Governor Michelle Bowman said further rate hikes may be needed.  ( 18 min )

Warehouse lending is credit extended by a financial institution to a loan originator to fund a mortgage that a borrower initially used to buy a property.  ( 22 min )

In its latest acquisition, Kinder Morgan announced plans to purchase NextEra Energy Partner’s South Texas pipeline system for $1.82 billion.  ( 17 min )

A loan shark is a person or entity that charges borrowers interest above an established legal rate. Often they are members of organized groups offering short-term loans who use threats of violence for debt collection.  ( 22 min )

A basing point pricing system requires buyers to pay a base price, plus a set shipping fee depending on their distance from a specific location.  ( 21 min )

The Revenue Act of 1862 was passed by Congress to fund the Union in the American Civil War and created the Bureau of Internal Revenue.  ( 21 min )

A capital gains distribution is a payment by a mutual fund or an exchange-traded fund of a portion of the proceeds from the fund's sales of stocks and other assets.  ( 24 min )

The differences between Roth IRAs and traditional IRAs lie in the timing of their tax breaks, eligibility standards, and the access they offer.  ( 29 min )

The deadlines for SIMPLE IRA contributions vary depending on whether the employer or employee is making them.  ( 22 min )

Amazon has multiple credit offerings, including products for both its users and sellers. Learn more about the details of each.  ( 26 min )

A whole loan is a single loan that a lender has issued to a borrower. Many lenders choose to package and sell their whole loans in the secondary market, which allows for active trading and market liquidity.  ( 22 min )

Learn about capitalization structure and how the combination of debt and equity a company uses to fund operations can affect its profitability.  ( 23 min )

Citing instances of illegal “naked” short selling, South Korea’s banned short selling through June 2024. American depositary receipts of South Korean companies jumped on Monday, before giving back those gains in trade this morning.  ( 19 min )

Non-recourse finance is a type of commercial loan requiring only repayment based upon proceeds generated from the project funded by the loan.  ( 22 min )

Retirement experts often tout the 10% rule: Save 10% of your income for a comfortable retirement. The truth is that most people need to save far more.  ( 28 min )

Gross earnings from an accounting perspective is the amount of revenue left over after the cost of goods sold is deducted.  ( 22 min )

It is possible—but difficult—to get a $100,000 personal loan. Even the best personal loan providers don’t typically offer loans of more than $50,000.  ( 24 min )

U.S. equities extended their rally midday on Tuesday, Nov. 7, 2023 as tech stocks gained and Treasury yields fell after the latest earnings and amid optimism the Fed might not raise interest rates further to fight inflation.  ( 17 min )

The U.S. trade deficit grew for the first time in three months to hit $61.5 billion in September, a 4.9% increase that was higher than the $59.8 billion analysts forecast.  ( 18 min )

TripAdvisor shares surged after posting better-than-expected third quarter results as it sold more travel experiences packages.  ( 17 min )

The Consumer Financial Protection Bureau's proposed rules on financial companies that process transactions could have implications for tech giants such as Apple, Google, Amazon, Meta, Square, and Paypal.  ( 18 min )

Uber missed profit and sales forecasts even as bookings at its mobility and delivery units jumped.  ( 18 min )

A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services.  ( 23 min )

A revolver is a borrower who carries a balance from month to month via a revolving credit line.  ( 23 min )

The 401(k) plan has become the most popular retirement option for U.S. workers. Learn how they work and about the contribution limits for this year.  ( 29 min )

A core liquidity provider acts as a go-between in the securities markets, buying securities from companies and distributing them for resale to investors.  ( 22 min )

The liquidity premium is compensation for investing in assets that cannot be easily converted into cash at fair market value.  ( 24 min )

More and more people are falling behind on their credit card and car loans, especially people in their twenties and thirties, data from the Federal Reserve Bank of New York showed Tuesday.  ( 19 min )

Office space rental company WeWork filed for bankruptcy, with the company indicating it would continue to operate as it renegotiates its leases and debt obligations.  ( 17 min )

Find out how analyzing the price-to-cash-flow ratio can help you make batter investment decisions.  ( 23 min )

Amid a cloudy economic outlook, banks are getting choosier about who they lend money to and on what terms—with many lenders rejecting more credit applications for people with just okay credit scores.  ( 18 min )

Learn about some little-known features that will help you get the most out of your IRA retirement savings account.  ( 30 min )

Discover how time and compounded growth of earnings can help even a modest 401(k) balance grow to a significant sum over 20 years.  ( 26 min )

The information ratio (IR) measures portfolio returns and indicates a portfolio manager's ability to generate excess returns relative to a given benchmark.  ( 24 min )

ADRs of Swiss banking giant UBS surged after it reported growth in its wealth management business despite a quarterly loss, and WeWork filed for bankruptcy. Here’s what investors need to know today.  ( 18 min )

With tax-advantaged retirement plans, you either make pretax or after-tax contributions, depending on the type of plan. Learn about the pros and cons.  ( 27 min )

Learn what market share is, how to calculate market share, and how to interpret the market share of a company relative to its industry.  ( 24 min )

The popularity of ETFs among investors and advisors continues to grow. But are they a good fit for 401(k) plans?  ( 24 min )

Net income, also called net earnings, is sales minus cost of goods sold, general expenses, taxes, and interest. Learn how it is used in business and taxes.  ( 23 min )

Understand how the Lowe's credit card works, which customers benefit the most, its terms and conditions, and what alternatives are available.  ( 25 min )

Find out about the rewards the Amazon Prime Visa Signature Card offers, how to get it, who qualifies, and alternatives.  ( 28 min )

The conglomerate boom occurred in the period following WWII when many businesses had the money and resources to chase economies of scale.  ( 22 min )

Here is how the Home Depot credit card works, including where and how to apply, where it can be used, interest rates and fees, and the rewards and benefits involved.  ( 26 min )

No content preview

Baby boomers tend to be viewed as one group. But thanks to the Great Recession, younger boomers have had a much harder time saving for retirement.  ( 35 min )

DDOG stock jumped 30% after the cloud cybersecurity company handily beat out analyst expectations and revised full-year guidance higher.  ( 18 min )

According to federal investigators, the death at the company's Wisconsin plant could have been avoided.  ( 35 min )

Shares of Spirit AeroSystems dropped 15% in extended trade after the company announced new measures meant to raise capital for the embattled aerospace supplier.  ( 33 min )

Disney's former streaming chief says CEO Bob Iger will weigh all his options in trying to solve the entertainment giant's myriad problems.  ( 36 min )

The reaction to third-quarter results from car-related companies has been awful. Reactions to industrial numbers aren't all that much better. The problems for both industries are linked.  ( 27 min )

The limit for contributions to traditional and Roth IRAs for 2024 is $7,000, plus $8,000 if the taxpayer is age 50 or older.  ( 29 min )

Occidental Petroleum beat estimates for third-quarter profit on Tuesday, as the U.S. oil and gas producer was aided by higher output amid sustained demand for energy. U.S. production of oil and gas has been on the rise since last year as strong prices have encouraged energy firms to drill more. WTI crude prices increased 9.4% on a sequential basis during the quarter, on the back of the extension of production cuts by OPEC+ members led by Saudi Arabia and Russia.  ( 34 min )

No content preview

(Bloomberg) -- Coupang Inc. slid in late US trading after third-quarter profit missed analysts’ estimates, overshadowing a better-than-expected 21% revenue surge and a record number of active customers. Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseS&P Defies Fed ‘Pushback’ in Longest Win Since ‘21: Markets WrapApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsTrump Testimony C  ( 35 min )

No content preview

The Mediterranean take-out restaurant chain Cava Group said revenue jumped almost 50% from the same period last year. It reported an unexpected profit.  ( 21 min )

Rivian added it was speaking with more customers who are interested in the Rivian Commercial Vehicle platform, which underpins its electric delivery vans, and reiterated its commitment to fulfilling the order of 100,000 vans to Amazon by 2030. Rivian had reported third-quarter deliveries above market expectations last month.  ( 34 min )

No content preview

(Bloomberg) -- Australia’s sheep industry is in crisis, with prices near the lowest level in 16 years forcing some farmers in the country’s west to give their animals away for free to pet-food manufacturers.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsS&P Defies Fed ‘Pushback’ in Longest Win Since ‘21: Markets WrapTrump Testimo  ( 34 min )

No content preview  ( 25 min )

High yields on government debt had made utilities' dividends less appealing, but the situation has changed.  ( 26 min )

(Bloomberg) -- Texas billionaire and real estate investor John Goff predicted that a number of appealing properties will hit the market soon as rising interest rates force some investors to sell. Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateStocks Extend Gains as Traders Defy Fed ‘Pushback’: Markets WrapTrump Shouts at Judge and  ( 34 min )

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, said during the Yahoo Finance Invest conference that he hoped to claw back the 30% stake that FTX had taken in his firm.  ( 34 min )

No content preview

Analysts have estimated the service would need to cost about $30 a month to break even. Ex-Disney exec Kevin Mayer says that won't be a problem for consumers.  ( 37 min )

Datadog stock was on track for its best day on record after reporting earnings. Shares of the security software provider surged more than 29% in Tuesday trading, which would be its largest one-day percentage gain since Datadog went public in 2019. It was the best performer in the Nasdaq 100 on Tue  ( 16 min )

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

(Bloomberg) -- A jump in US yields over recent weeks amounts to nothing less than an “earthquake” for the bond market, according to Federal Reserve Governor Christopher Waller.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateStocks Extend Gains as Traders Defy Fed ‘Pushback’: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day  ( 33 min )

No content preview

Tesla, Palantir, AMD, and Ford have been the most popular stocks by volume from Oct. 30 to Nov. 6.  ( 24 min )

WeWork co-founder and former CEO Adam Neumann delivered his reaction to the office-sharing firm's bankruptcy filing, calling the move "disappointing."  ( 35 min )

No content preview

Bill Ackman, the founder and CEO of Pershing Square Capital Management, is a renowned billionaire institutional investor and hedge fund manager with a net worth of over $3.5 billion. The Harvard University-educated finance executive is known for his leveraged contrarian bets on the stock and bond market. In 2020, just days before the U.S. announced a total lockdown, Ackman hedged his investments, predicting a complete shutdown of the economy through credit default swaps, netting a profit of over  ( 37 min )

The interest rate on Series I savings bonds now tops 5%, although as investments they're not right for everyone.  ( 34 min )

Microsoft stock has been on fire. A technical measures suggest a pullback could be imminent.  ( 21 min )

Microsoft keeps rising. The software giant's shares, recently up nearly 1.5% at above $361, are on track for a new record high, according to data going back to 1986, when it went publish. It'll set a new standard if it closes above $359.49, according to Dow Jones Market Data. (Its last record close  ( 23 min )

But the company says initial reports of 800 layoffs at the location are unfounded.  ( 34 min )

No content preview

Both the overall level of household debt and the share of those that struggled to make timely payments increased last quarter.  ( 27 min )

No content preview

Demand destruction and weak Chinese export data has put pressure on oil prices, says one analyst.  ( 35 min )

Demand destruction and weak Chinese export data has put pressure on oil prices, says one analyst.  ( 35 min )

No content preview

No content preview

No content preview

For the fourth quarter, Datadog expects revenue of between $564 million and $568 million, beating analysts’ estimates of $544.9 million.  ( 20 min )

Uber posts third-quarter earnings of 10 cents a share on revenue of $9.29 billion. The stock is down nearly 4% in premarket trading.  ( 20 min )

Bitcoin has consolidated around $35,000, but the technical market backdrop remains positive.  ( 22 min )

A combination of high interest rates hitting demand, distributors working through high inventory levels, and a policy change reducing incentives in California, has made it a tough year for solar stocks.  ( 21 min )

Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 24 min )

Alibaba and JD.com were among the stocks falling in Hong Kong trading Tuesday as China’s latest trade data painted a mixed picture for the world’s second-largest economy.  ( 21 min )

Discover how time and compounded growth of earnings can help even a modest 401(k) balance grow to a significant sum over 20 years.  ( 26 min )

"Over the next couple of months, we might equal the fastest drop in inflation in the last century," Goolsbee said in an interview with broadcaster CNBC. "And as long as we're making progress, as I've been saying for a while, the moment of arguing how high should the rate go is going to fade to how long should we keep rates at this level as inflation is coming down." The U.S. central bank last week kept its benchmark interest rate unchanged at between 5.25% and 5.50% but kept the door ajar to raising borrowing costs further to get inflation back down to its 2% target amid a resilient economy.  ( 33 min )

The banking titan could lay off thousands of staffers.  ( 35 min )

No content preview

Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 23 min )

For the fourth quarter, Datadog expects revenue of between $564 million and $568 million, beating analysts’ estimates of $544.9 million.  ( 18 min )

Intel is first in line for a potential multibillion dollar funding package from the government to make microchips for military applications, The Wall Street Journal reported.  ( 21 min )

No content preview

Uber Technologies grew its rides and food-delivery businesses in the third quarter while posting its second-ever operating profit, as people continued to use its app to commute and order in. The company projected further growth in the current December quarter. Shares of Uber gained about 1% in pre  ( 24 min )

(Bloomberg) -- WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese billionaire Masayoshi Son, damaging his professional reputation far beyond the money he lost.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump's Wealth Has Jumped $500 Million Since He Left the White HouseS&P Defies Fed ‘Pushback’ in Longest Win Since ‘21: Markets WrapApple Delays Work on Next Year’s iPhone, Mac Software  ( 36 min )

Those looking for attractive AI stocks should look to Nvidia and Cisco ahead of their respective earnings, according to analysts at Melius Research.  ( 23 min )

Uber expects adjusted core profit, a profitability measure watched by investors, between $1.18 billion and $1.24 billion. "Consumer demand on our platform remains healthy as we enter the busiest period of the year," CEO Dara Khosrowshahi said in his prepared remarks.  ( 34 min )

(Bloomberg) -- For investors who say Nvidia Corp. is too expensive and the AI hype is overdone, a portfolio manager who trounced all his peers this year has a message — more gains to come. Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarTrump Shouts at Judge and Lawyers in Wild Day on Witness StandWall Street Faces ‘Reality Check’ After  ( 35 min )

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

WeWork's $3 billion debt for equity swap deal with its creditors marks the latest effort by top shareholder SoftBank to revive the troubled office-space provider and recoup some of the billions it has invested. Whether the bet succeeds now depends on WeWork renegotiating the costly long-term leases it signed during the boom years and is now unable to pay, forcing it to file for bankruptcy on Monday. WeWork's long-term lease obligations of $13.3 billion accounted for more than 70% of its total debt as of end-June.  ( 35 min )

Investors are weighing whether the Fed is really done hiking as policymakers speak out.  ( 38 min )

Investors are weighing whether the Fed is really done hiking as policymakers speak out.  ( 35 min )

Car companies and dealers are slashing thousands off purchase prices to attract wary shoppers.  ( 28 min )

No content preview  ( 20 min )

Oil prices moved lower as a stronger dollar and weak macro sentiment outweighed Chinese trade data that showed crude imports rose in October, ANZ Research said.  ( 25 min )

(Bloomberg) -- Equities in Asia declined as fresh doubts emerged on whether the Federal Reserve has finished tightening policy. The dollar advanced.Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day on Witness StandAn Asian equity be  ( 36 min )

Rishi Sunak’s plan to boost energy security by issuing new North Sea licences every year has been cast into doubt by claims Britain will be unable to handle the crude oil.  ( 35 min )

Wall Street is looking for a per-share loss of $1.31 from sales of $1.3 billion, according to Bloomberg. Rivian reported a $1.08 loss from sales of $1.1 billion in the second quarter of 2023.  ( 25 min )

Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. California’s Insurance Commissioner Ricardo Lara is trying to step in to reform the system and to make the private market more robust, but the bulk of the changes won’t take effect for at least another year.  ( 37 min )

No content preview

(Bloomberg) -- Cathie Wood’s flagship fund on Monday sold Roku Inc., which recently became its biggest holding, for the first time since August.Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day on Witness StandAI Pioneer Kai-Fu Lee Builds $1 Billion Startup in Eight MonthsWood’s Ark Innovat  ( 34 min )

A record-high 48 oil supertankers are making their way to the US, according to data compiled by Bloomberg.  ( 34 min )

(Bloomberg) -- Shein is touting its hopes for a valuation of as much as $90 billion as it lays the groundwork for an eventual US initial public offering, a level that far exceeds how the fast-fashion giant is valued in private trades, according to people familiar with the matter.Most Read from BloombergWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarTrump Shout  ( 35 min )

WeWork, the SoftBank Group-backed start-up that was once a darling of Silicon Valley valued at $47bn (£38.7bn), has filed for bankruptcy in the United States.  ( 35 min )

The flexible-office-space venture, valued at $47 billion at its peak, is facing the consequences of excessive expansion that left it with many unprofitable locations.  ( 29 min )

Dating apps face major headwinds as consumers cut back due to fears about the economy.  ( 36 min )

The S&P 500 gained 0.3% on Tuesday, Nov. 7, 2023, amid optimism that the Fed has finished raising interest rates to tackle high inflation.  ( 1 min )

Citing instances of illegal “naked” short selling, South Korea’s banned short selling through June 2024. American depositary receipts of South Korean companies jumped on Monday, before giving back those gains in trade this morning.  ( 1 min )

U.S. equities extended their rally midday on Tuesday, Nov. 7, 2023 as tech stocks gained and Treasury yields fell after the latest earnings and amid optimism the Fed might not raise interest rates further to fight inflation.  ( 1 min )

Stock futures were mostly lower in premarket trading Tuesday, threatening to end a six-day-long equities rally, while bond yields whipsawed and the dollar climbed.  ( 1 min )

ADRs of Swiss banking giant UBS surged after it reported growth in its wealth management business despite a quarterly loss, and WeWork filed for bankruptcy. Here’s what investors need to know today.  ( 1 min )

Investors plowed into bets against U.S. Treasurys in recent weeks—and now they're likely paying for it.  ( 1 min )

The S&P 500 rose 0.2% on Monday, Nov. 6, 2023, ahead of some of the last major corporate earnings reports for the third quarter.  ( 1 min )

Bumble founder Whitney Wolfe Herd will resign as CEO of the company, effective January 2.  ( 1 min )

637.000 mensen in Nederland leefden vorig jaar onder de armoedegrens, wat neerkomt op 3,8 procent van de bevolking. Hoewel dat veel mensen zijn, is het toch het laagste niveau sinds statistiekbureau CBS in 1977 begon met meten.  ( 10 min )

De olieprijzen zijn dinsdag gedaald naar het laagste niveau sinds augustus, onder andere door zwakke cijfers over de Chinese export. Ook de sterkere dollar zorgt voor druk op de olieprijzen.  ( 9 min )

KLM kampte dinsdagmiddag met een IT-storing in het inchecksysteem op Schiphol. Door de storing konden passagiers op de luchthaven niet inchecken voor KLM-vluchten.  ( 8 min )

Mogelijke gevolgen van klimaatverandering, zoals extreme hitte en hevige neerslag, moeten nadrukkelijker terugkomen in de waarde van een huis bij taxatie en verkoop. Toezichthouder AFM wil het bewustzijn over klimaatrisico's onder huizenkopers vergroten door onder meer een klimaatlabel aan huizen te geven.  ( 10 min )

Wereldwijd komt de wijnproductie dit jaar op het laagste niveau in zestig jaar. In enkele Europese landen zat het weer niet mee en ook oogsten op het zuidelijk halfrond vielen tegen, zegt de internationale brancheorganisatie OIV.  ( 9 min )

Waar betalen partijen hun plannen mee en wat zijn de financiële gevolgen? Dat toetst het onafhankelijke Centraal Planbureau (CPB) sinds 1986 bij alle Tweede Kamerverkiezingen. De kritiek hierop is inmiddels traditie.  ( 12 min )

Mogelijke gevolgen van klimaatverandering, zoals extreme hitte en hevige neerslag, moeten nadrukkelijker terugkomen in de waarde van een huis bij taxatie en verkoop. Toezichthouder AFM wil het bewustzijn over klimaatrisico's onder huizenkopers vergroten door onder meer een klimaatlabel aan huizen te geven.  ( 9 min )

Ongeveer 6 procent van de huishoudens heeft een energiecontract met prijzen die boven het prijsplafond liggen. Dat terwijl vrijwel elke energieleverancier prijzen aanbiedt die onder het plafond vallen. Als het plafond wegvalt, zijn deze mensen in 2024 duurder uit.  ( 10 min )

Eindhoven Airport wil fossiele privévluchten op de luchthaven vanaf 2026 verbieden. Met deze en andere maatregelen wil de luchthaven de CO2-uitstoot en geluidsoverlast naar beneden brengen voor 2030.  ( 9 min )

Prijzen van treinkaartjes en abonnementen van NS stijgen komend jaar toch niet. Eerder riep een Kamermeerderheid het demissionaire kabinet al op om geld uit te trekken om de verwachte prijsstijging van bijna 9 procent te schrappen.  ( 9 min )

De meeste mensen die onlangs minder zijn gaan werken, weten niet welke invloed dat heeft op de hoogte van hun pensioen. Ze kijken naar het veranderende inkomen op dit moment, maar zoeken niet uit wat ze daardoor minder krijgen na hun pensionering.  ( 9 min )

Prijzen van treinkaartjes en abonnementen van NS stijgen komend jaar toch niet. Eerder riep een Kamermeerderheid het demissionaire kabinet al op om geld uit te trekken om de verwachte prijsstijging van bijna 9 procent te schrappen.  ( 9 min )

Nintendo verdient veel geld aan de Super Mario Bros. Movie. Ook de vraag naar het spel The Legend of Zelda: Tears of the Kingdom blijft groot. Het succes van deze titels zorgde voor meer verkopen van games en Switch-consoles.  ( 9 min )

Telecombedrijf KPN is van plan om tot en met 2027 ruim 4,5 miljard euro te investeren in zijn 5G-netwerk, glasvezelnetwerk en kunstmatige intelligentie. Het bedrijf herhaalt dinsdag dat 80 procent van alle huishoudens eind 2026 op zijn glasvezelnetwerk aangesloten zal zijn.  ( 9 min )

UBS, de grootste bank van Zwitserland, heeft in het derde kwartaal van dit jaar zijn eerste kwartaalverlies geleden in bijna zes jaar. Het verlies van 785 miljoen dollar volgt op de samenvoeging met branchegenoot Credit Suisse.  ( 9 min )

De Amerikaanse aanbieder van gedeelde werkplekken WeWork heeft uitstel van betaling aangevraagd. Het is een nieuw dieptepunt voor het bedrijf dat in 2019 nog is gewaardeerd op 47 miljard dollar, maar inmiddels al langere tijd met problemen kampt.  ( 8 min )

De gemiddelde prijzen van onder meer energie, voeding en producten liggen eindelijk lager dan een jaar eerder. Maar wie voordelig uit denkt te zijn, komt bedrogen uit. De inflatie is alleen negatief doordat de energieprijzen een jaar eerder door het dak zijn gegaan.  ( 9 min )

De gemiddelde prijzen van onder meer energie, voeding en producten liggen eindelijk lager dan een jaar eerder. Maar wie voordelig uit denkt te zijn, komt bedrogen uit: de energieprijzen schoten een jaar eerder door het dak.  ( 9 min )

Planet Fitness shares powered higher as membership additions helped the fitness center operator beat profit and sales estimates.  ( 1 min )

In its latest acquisition, Kinder Morgan announced plans to purchase NextEra Energy Partner’s South Texas pipeline system for $1.82 billion.  ( 1 min )

Office space rental company WeWork filed for bankruptcy, with the company indicating it would continue to operate as it renegotiates its leases and debt obligations.  ( 1 min )

ChatGPT maker OpenAI unveiled its most powerful artificial intelligence model yet at its developer conference Monday, in a move that could help the startup push ahead of rivals.  ( 1 min )

Since the early 1900s, the Federal Trade Commission (FTC) has been preventing anticompetitive, deceptive, and unfair business practices.  ( 24 min )

Find out if all of the effort devoted to obtaining the CFA is worth it, especially in today's crowded financial job market.  ( 20 min )

Deciding how much to put into a 401(k) account can be tricky. There are guidelines to ensure that you are investing what you need, so you can retire in comfort.  ( 25 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 22 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )

Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 19 min )

Investors plowed into bets against U.S. Treasurys in recent weeks—and now they're likely paying for it.  ( 19 min )

ChatGPT maker OpenAI unveiled its most powerful artificial intelligence model yet at its developer conference Monday, in a move that could help the startup push ahead of rivals.  ( 17 min )

Personal loan rates moved up to 21.39% this week, adding 26 basis points since last week when the average personal loan rate stood at 21.13%.  ( 18 min )

The S&P 500 rose 0.2% on Monday, Nov. 6, 2023, ahead of some of the last major corporate earnings reports for the third quarter.  ( 16 min )

Individual investors remain as cautious as they’ve been all year despite the recent rally for stocks as concerns about the Middle East and higher interest rates weigh in sentiment.  ( 18 min )

ETFs avoid the wash sale rule because they are often tied to an index and not a "substantially identical" security.  ( 23 min )

Americans—especially young adults—are increasingly going into debt to pay emergency expenses as required payments on federal student loans resume and inflation squeezes household budgets.  ( 18 min )

Bumble founder Whitney Wolfe Herd will resign as CEO of the company, effective January 2.  ( 17 min )

Home builders are attempting to meet the demand left by so few existing homes on the market, but interest rates and inflation are keeping them from fully releasing that pressure.  ( 18 min )

Upcoming conferences cover everything from estate planning to wealth management, have a wide diversity of offerings, and are available in a host of formats: in person, online, and hybrid.  ( 29 min )

DISH Network reported a surprise loss as it lost subscribers, and shares plunged to a 25-year low.  ( 17 min )

Learn how you can avoid these 11 common financial mistakes with your retirement savings.  ( 28 min )

With mortgage rates approaching 8%, an additional nearly $150 a month for insurance could push homeownership out of the budget range for would-be homeowners.  ( 18 min )

A gift is something of value that is given without something of equal value being exchanged in return and, in some instances, is subject to tax.  ( 24 min )

The African Development Bank (ADB) is a financial institution that enables economic and social development throughout the continent.  ( 24 min )

A gift of equity is the sale of a home below the current market value. The buyer is usually someone with whom the seller has a familial relationship.  ( 28 min )

Investors are relying increasingly on independent advisors for help in managing their finances, a report from Cerulli Associates showed, with the trend especially pronounced among younger investors.  ( 18 min )

In economics, the capital account is the part of the balance of payments that records net changes in a country’s financial assets and liabilities.  ( 26 min )

Sorting through Medicare Plan A, Medicare Plan B, Medicare Plan C, and Medicare Plan D can be confusing. Here are some mistakes to avoid.  ( 27 min )

A mortgage is a loan used to purchase or maintain real estate.  ( 30 min )

The hospital insurance trust fund is Part A of Medicare, the United States health insurance program for those 65 and older.  ( 23 min )

The Medicare hold harmless provision keeps Social Security benefits from decreasing year over year as a result of higher Medicare Part B premiums.  ( 25 min )

U.S. equities edged higher at midday on Monday, Nov. 6, 2023, extending gains after last week's rally amid optimism the Fed could be done raising interest rates to fight inflation.  ( 18 min )

Post-retirement risk is the potential damage to financial security that a retired individual could encounter.  ( 26 min )

BioNTech posted a surprise quarterly profit, and sales exceeded estimates, sending its ADRs higher.  ( 18 min )

Unlike the special 2021 rules for charitable contributions, the 2022 and 2023 rules require donors to itemize their deductions to claim any charitable contribution deductions. The AGI limit, which was 100% in 2021, goes back to 60% for cash donations for qualified charities.  ( 30 min )

Rates on 30-year mortgages rates have plunged almost a half percentage point over the last four days, lowering the 30-year average to its cheapest level since September.  ( 19 min )

Ryanair shares surged after saying it anticipates full-year earnings to reach an all-time high and announced its first-ever dividend.  ( 17 min )

Incentive distribution rights (IDR) in a limited partnership give a general partner an increasing share of the incremental cash flow.  ( 22 min )

Cyber Monday is the Monday following American Thanksgiving, representing the day online retailers offer deep discounts.  ( 26 min )

The accounting equation defines a company's total assets as the sum of its liabilities and shareholders' equity.  ( 28 min )

Stratified random sampling is a method of sampling that involves the division of a population into smaller groups known as strata.  ( 28 min )

Jeff Hirsch, editor of The Stock Trader's Almanac, joins the show to discuss why seasonality matters for investors, and why the next six months are usually the strongest of the year. Plus, how his father, Yale Hirsch, developed the Almanac.  ( 21 min )

A charitable donation is a gift of cash or property to a nonprofit organization. American taxpayers can deduct such donations up to an annual cap.  ( 24 min )

High interest rates, driven by the Federal Reserve’s campaign of anti-inflation rate hikes are affecting companies that sell mortgages, chemicals, facelift machines, vacations, and pretty much anything else you can imagine.  ( 20 min )

The charitable contributions deduction allows taxpayers to deduct cash and property contributions to qualified charities, within limits.  ( 23 min )

Though the IRS puts strict limits on how much you can contribute to an IRA annually, and limits on how much you can earn to open a Roth IRA, there are loopholes to be exploited.  ( 28 min )

Dish Network shares tumbled after the TV provider reported subscriber losses, while BioNTech and Ryanair shares surged after reporting better-than-expected results. Here’s what investors need to know today.  ( 18 min )

Lots of people dream about sports ownership. Here are some ways you can get into the game.  ( 24 min )

Learn the basic structure of a 401(k) and why it may not be enough to sustain you during retirement.  ( 26 min )

An IRAs and a certificate of deposit are two types of investments, one geared toward retirement and the other suitable for short-term savings.  ( 27 min )

Understand 3x exchange traded funds (ETFs) and their key risks. Learn how compounding can affect returns.  ( 24 min )

In hard times companies may stop matching your 401(k) contribution, but there are ways to offset the hit.  ( 24 min )

The theory that the wealth effect spurs consumption makes sense. Who wouldn't spend money when sitting on big gains, even if they're only on paper?  ( 26 min )

Single-stock ETFs are a new exchange-traded product that allows for leveraged or inverse trading of single stocks.  ( 26 min )

Learn about the SEP IRA offered by Vanguard and why it is popular with many small business owners.  ( 23 min )

A SIMPLE IRA is a retirement savings plan that can be used by most small businesses with 100 or fewer employees.  ( 20 min )

IRAs are an important part of a retirement savings strategy. Here are some of the rules governing these accounts.  ( 22 min )

Unemployed individuals can take money out of their 401(k), but they should do so carefully. Here's how to make 401(k) withdrawals when unemployed.  ( 26 min )

Learn about the major drawbacks of industrialization such as growing wealth disparities, environmental damage, and exploitation of child labor.  ( 23 min )

Maximizing your 401(k) involves understanding the investments offered, which are best suited for you, and how to manage them, among other strategies.  ( 31 min )

Here’s how to take advantage of the special tax and withdrawal rules on Roth 401(k) retirement plans to get the most from your investment.  ( 27 min )

Learn about three of the most common ETFs that track the oil and gas drilling sector: the XOP, the IEO and the PXE. Explore different ETF performance records.  ( 22 min )

Warren Buffett said investors have to "look pretty hard" to unearth the hidden gems in Berkshire's earnings reports. We found three of them.  ( 35 min )

No content preview

The drugmaker recorded a 35.4% fall in sales of its older CF treatments to $209.2 million. Cystic fibrosis, affecting around 100,000 people globally, is an inherited disorder that causes severe damage to the lungs, digestive system and other organs. Vertex said it now expects annual sales of about $9.85 billion from its CF treatments, compared with LSEG estimates of $9.86 billion.  ( 33 min )

Longtime customers of Capital One's online banking arm thought they were getting the best possible rate, according to a lawsuit. Little did they realize, they say, that they needed to open a new account in order to benefit from interest rate increases.  ( 35 min )

Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 21 min )

Berkshire Hathaway CEO Warren Buffett has long favored stocks over bonds, a smart view given the historical outperformance of stocks.  ( 25 min )

(Bloomberg) -- Kinder Morgan Inc. agreed to buy NextEra Energy Partners LP’s South Texas natural gas pipeline assets for $1.815 billion in cash.Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Biden Discusses ‘Tactical Pauses’ With NetanyahuWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapAI Pioneer Kai-Fu Lee Builds $1 Billion Startup in Eight MonthsPrivate Credit Giants Are Butting Heads Over a Hot New Asset ClassThe STX Midstr  ( 33 min )

Transaction to be funded with cash on hand and short-term debt, Kinder Morgan said.  ( 27 min )

No content preview

UPS has bought out a small contingent of senior pilots. An American Airlines regional partner is trying to attract them to fly small jets. The post UPS reduces pilot head count by nearly 200 with buyouts appeared first on FreightWaves.  ( 35 min )

No content preview

No content preview

No content preview

No content preview

No content preview

Electric adventure-vehicle maker Rivian (RIVN) is scheduled to report third quarter earnings after the bell on Tuesday, after rivals in the sector have reported demand issues and pull back on spending.  ( 35 min )

Learn how you can avoid these 11 common financial mistakes with your retirement savings.  ( 28 min )

Along with announcing two new chips that promise to challenge even the mighty Apple Inc (NASDAQ: AAPL), Advanced Micro Devices Inc (NASDAQ: AMD) and Intel Corporation (NASDAQ: INTC), Qualcomm Incorporated (NASDAQ: QCOM) topped estimates with its latest quarterly results, signaling the chip market slump could be over. Upon results, Qualcomm stock rose more than 3% in extended trading as it provided a strong guidance that was supported by an optimistic China outlook, renewed contract with Apple an  ( 34 min )

The housing bubble is heating up, with median 30-year mortgage rates hitting the 8% threshold, the highest since 1995. As monthly mortgage payments rise because of soaring home prices and interest rates, obtaining a mortgage has become increasingly challenging for many prospective buyers. Unsurprisingly, total application volume fell by 6.9% week-over-week as of Oct.18, 2023, according to data released by the Mortgage Bankers Association's seasonally adjusted index. As mortgage rates rose in tan  ( 34 min )

Stock repurchase activity for Berkshire Hathaway was light, a sign that CEO Warren Buffett didn't think the shares were cheap.  ( 27 min )

(Bloomberg) -- Dish Network Corp. suffered its worst stock decline in 23 years after reporting disappointing third-quarter revenue and a drop in wireless customers that was much worse than analysts predicted.Most Read from BloombergIsrael Latest: North Gaza Cut Off as Reported Deaths Pass 10,000Hedge Funds Catapulted Treasury Shorts to Record at Wrong TimeCanon’s Advanced Chip Machines to Cost a Fraction of ASML’s BestStock Rally Cools Down as Treasuries Make U-Turn: Markets WrapBankers Seek Leg  ( 34 min )

Inflation rates have cooled to 3.7% from record 9% levels recorded last year, thanks to the Federal Reserve's aggressive interest rate hikes over the past year. However, the median consumer price index still lies significantly above the Fed's target 2% rate, implying further rate hikes down the road. Given the precarious economic scenario, the Fed has temporarily paused rate hikes over the past couple of months, as the Federal Open Market Committee left rates unchanged since July of this year. T  ( 35 min )

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.  ( 33 min )

Confidence that the Fed is done with rate hikes is still encouraging investors into stocks.  ( 45 min )

(Bloomberg) -- A record number of supertankers is steaming toward the US to load oil as shipowners look to capitalize on an increase in the nation’s crude exports. Most Read from BloombergIsrael Latest: North Gaza Cut Off as Reported Deaths Pass 10,000Hedge Funds Catapulted Treasury Shorts to Record at Wrong TimeCanon’s Advanced Chip Machines to Cost a Fraction of ASML’s BestStock Rally Cools Down as Treasuries Make U-Turn: Markets WrapBankers Seek Legal Cover After Backing $1.5 Trillion of ESG  ( 33 min )

No content preview

Can you retire at 65 with $750,000 in a Roth IRA and $1,800 in monthly Social Security? Based on median incomes and the 10x rule, most people will need about $740,000 to finance a secure retirement. So in theory, a $750,000 Roth IRA and $1,800 in Social Security benefits will be enough for many individuals […] The post I Have $750K in a Roth IRA and Will Receive $1,800 Monthly From Social Security. Can I Retire at 65? appeared first on SmartReads by SmartAsset.  ( 36 min )

Is it wise to start converting my 401(k) into an IRA (and then Roth) by 10% per year in order to avoid having to claim too much income each year when converting and also avoid RMDs as much as I can? -Cathy It's definitely smart to be thinking about this, Cathy. Systematic Roth conversions like […] The post Ask an Advisor: Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs? appeared first on SmartReads by SmartAsset.  ( 34 min )

(Bloomberg) -- Dish Network Corp. suffered its worst stock decline in 23 years after reporting disappointing third-quarter revenue and a drop in wireless customers that was much worse than analysts predicted.Most Read from BloombergIsrael Latest: North Gaza Cut Off as Reported Deaths Pass 10,000Hedge Funds Catapulted Treasury Shorts to Record at Wrong TimeCanon’s Advanced Chip Machines to Cost a Fraction of ASML’s BestStock Rally Cools Down as Treasuries Make U-Turn: Markets WrapBankers Seek Leg  ( 34 min )

BofA Securities analyst Jessica Reif Ehrlich cuts her recommendation on shares of Paramount to Underperform from Buy. Paramount stock drops.  ( 21 min )

U.S. health insurer Cigna Group is exploring the sale of its Medicare Advantage business, which provides additional benefits to those covered by federal health insurance, a move that would mark a reversal of its expansion in the sector, according to people familiar with the matter. Cigna, which got into the Medicare Advantage business with its $3.8 billion acquisition of HealthSpring in 2011, would be backing away at a time the U.S. government is tightening its purse strings in reimbursing health insurers for their services should it go through with the move. Cigna is working with an investment bank to evaluate options for its Medicare Advantage business, which could fetch several billions of dollars in a potential divestment, the sources said.  ( 34 min )

No content preview  ( 35 min )

Thigs are just not as bad as they seem. There are some EV-related stocks to Buy.  ( 33 min )

The S&P 500 hit its recent trough on October 27, when it bottomed out at 4,117. Since then, however, the index has had its single best week of 2023 – and it’s up 6% from that low point. The catalyst? A solid Q3 earnings season. With more than half of the S&P 500 companies having reported so far, 78% are beating expectations – well above the historical rate of 75%. In addition, the average ‘beat’ is well over 7%. The strong earnings have economists predicting Q3 earnings growth of about 2.4% when  ( 37 min )

Rates on 30-year mortgages rates have plunged almost a half percentage point over the last four days, lowering the 30-year average to its cheapest level since September.  ( 19 min )

(Bloomberg) -- When WeWork Inc. announced a multibillion-dollar rescue package earlier this year, the company’s management hailed it as a fresh start for the long-struggling global network of shared office spaces.Most Read from BloombergIsrael Latest: Hamas-Run Authorities Say Gaza Deaths Top 10,000Hedge Funds Catapulted Treasury Shorts to Record at Wrong TimeCanon’s Advanced Chip Machines to Cost a Fraction of ASML’s BestStocks Hold Gains After Big Rally on Fed Rates: Markets WrapThe deal would  ( 35 min )

Wolfe Herd, a co-founder of Tinder, established the dating app Bumble in 2014 with the aim of empowering women in their relationships. Lidiane Jones, who is currently the CEO of Slack Technologies, will take over.  ( 20 min )

Trading in shares of WeWork were halted Monday as rumors swirl that the office sharing company, once valued as high as $47 billion, will seek bankruptcy protection. Last week, The Wall Street Journal and other media outlets reported that WeWork was planning to file for Chapter 11 bankrutpcy protection as early as this week — citing unnamed sources familiar with the matter. A WeWork spokesperson said last week that the company does not comment on speculation and did not immediately return messages after trading in the company's stock was halted Monday.  ( 34 min )

No content preview  ( 25 min )

No content preview

Jobs data shows a progressive softening of the labor market, pointing to a 2024 recession, Larry Hatheway writes.  ( 34 min )

No content preview

It has been a very good year for bitcoin investors. Against a backdrop of multiple bank collapses, a shaky economic macro and recent geopolitical issues, the leading crypto has more than doubled in value in 2023, with investors increasingly viewing bitcoin as a safe haven asset to lean on in troubled times. Of course, the growing mainstream acceptance represents a big change in attitude toward what was not long ago considered an extremely volatile and risky asset. But the good news is that this  ( 37 min )

No content preview

No content preview

Wolfe Herd, a co-founder of Tinder, established the dating app Bumble in 2014 with the aim of empowering women in their relationships. Lidiane Jones, who is currently the CEO of Slack Technologies, will take over.  ( 20 min )

CEO Jonathan Johnson stepped down Monday the first day Overstock made its transition to newly named Beyond  ( 21 min )

↗️ Tesla (TSLA): Shares rose almost 2%. Reuters reported that Tesla plans to build a 25,000-euro car in Germany. Meanwhile, the elect  ( 24 min )

Confidence that the Fed is done with rate hikes is still encouraging investors into stocks.  ( 36 min )

No content preview

BioNTech stock has dropped 36% this year as demand fell for its Covid-19 vaccines produced with Pfizer.  ( 20 min )

No content preview

A Reuters report about Tesla's next car is lifting the stock for a potential fifth consecutive day of gains.  ( 23 min )

No content preview  ( 21 min )

(Bloomberg) -- Hilton Grand Vacations Inc. agreed to buy Bluegreen Vacations Holding Corp. in an all-cash deal for a total enterprise value of about $1.5 billion including net debt. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russ  ( 33 min )

WeWork shares were halted pending news ahead of the opening bell Monday. The company is likely to file for Chapter 11 bankruptcy protection as soon as this week, [the Wall Street Journal reported a few days ago](https://www.wsj.com/articles/wework-plans-to-file-for-bankruptcy-as-early-as-next-week-  ( 22 min )

Though the IRS puts strict limits on how much you can contribute to an IRA annually, and limits on how much you can earn to open a Roth IRA, there are loopholes to be exploited.  ( 28 min )

Citigroup's managers and consultants working on CEO Jane Fraser's reorganization have discussed job cuts of at least 10% in several major businesses, CNBC reported on Monday, citing people with knowledge of the process. The bank did not immediately respond to a Reuters request for comment. Citi had said in September it would strip out a layer of management and cut jobs in a sweeping reorganization that would give Fraser more direct control as she seeks to simplify the Wall Street giant and boost its stock price.  ( 33 min )

Unions are pushing for reduced working hours in Germany, a global trend that is prompting panic among the world's wealthy entrepreneurs.  ( 34 min )

No content preview

In an interview, Gold giant Newmont CEO Tom Palmer said the Cripple Creek mine in the U.S. may no longer be a fit for the company following its $14 billion acquisition of Australia’s Newcrest Mining.  ( 27 min )

No content preview

No content preview

BioNTech stock has dropped 36% this year as demand fell for its Covid-19 vaccines produced with Pfizer.  ( 20 min )

Hedge funds last week "aggressively" bought U.S. stocks at the fastest pace in two years, said a Goldman Sachs note, with traders jumping into a stock rally fuelled by hopes that the U.S. central bank rate pause might stick. This left some caught in a squeeze, the bank said in a note on November 2, when short positions became too expensive to hold as stock prices rose. Many got tangled up trying to flee crowded trades which became losing positions, Goldman Sachs said in that note.  ( 33 min )

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

Dish posted a surprise third-quarter loss. The group also dropped news of a deal and management shakeup.  ( 20 min )

BioNTech has cut its 2023 revenue target by about 1 billion euros ($1.1 billion) on lower demand for the COVID-19 vaccine made with Pfizer but said the impact from write-downs at its U.S. partner was less then initially thought. In a statement on Monday, the German biotech company cut its outlook for full-year COVID-19 vaccine revenues to about 4 billion euros from 5 billion previously expected and the 17.2 billion reported last year. BioNTech, which relies on vaccine-related profit share payments from its U.S. partner for much of its revenues, said that write-downs reported by Pfizer in mid-October would reduce its third-quarter revenues by 508 million euros, compared with up to about 900 million initially flagged.  ( 33 min )

Confidence that the Fed is done with rate hikes is still encouraging investors into stocks.  ( 34 min )

(Bloomberg) -- The S&P 500’s pitch is simple. Own it and get exposure to the biggest of the big among US firms. Lately it’s gotten harder to maintain that point of distinction.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia Tie  ( 35 min )

That's how much Schwab (SCHW) stock has fallen this year, making it one of the worst-performing financial stocks in the S&P 500. Here is a look what is ailing the brokerage giant:  ( 22 min )

Lyft's price cuts may have helped the ride-hailing firm make a small dent in Uber's U.S. market share, but not enough to prevent the bigger rival from reporting its second quarterly operating profit. After the slowest sales increase in the second quarter in two years, Lyft is expected to post a bigger growth story in the September quarter as it attracted more riders with lower prices. The average price of a standard Lyft ride as of September-end was more than 4% cheaper than Uber's similar service, according to data analytics firm YipitData, a big change since February, when both the companies were charging nearly the same price.  ( 34 min )

(Bloomberg) -- One of the world’s most prominent emerging-market bears says the correction it has long predicted is just getting started. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesMan Group Plc, the world’s biggest pu  ( 35 min )

Defined-maturity bond funds from BlackRock and Invesco have grown in popularity this year.  ( 27 min )

Even if savers are happy to absorb mounting public-debt piles, today’s financial plumbing may be too creaky to bear it.  ( 27 min )

Wall Street strategists and analysts have struggled to get recent market moves right. And there's no problem with that.  ( 36 min )

(Bloomberg) -- The S&P 500 Index’s best week in a year was just a bear market rally, according to Morgan Stanley’s top-ranked strategist.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesTechnical and fundamental support is m  ( 33 min )

No content preview  ( 24 min )

Here is how much money you and your employer can contribute to your 401(k) retirement savings plan in 2023 and 2024.  ( 25 min )

(Bloomberg) -- Short sellers are facing the heat in South Korea once again, with regulators reimposing a full ban on the practice of selling borrowed shares in a controversial move that’s come just months before general elections.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael  ( 36 min )

A look at SEC filings from last week signal looming record-keeping penalties and a broadening probe of COVID-era unemployment benefits at the nation's largest “super-regional.”  ( 35 min )

(Bloomberg) -- Any year-end rally in stocks could prove short-lived because equities don’t fully reflect the outlook for rates remaining higher for longer, according to Jean Boivin, who heads the research arm at BlackRock Inc.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s F  ( 34 min )

Learn the basic structure of a 401(k) and why it may not be enough to sustain you during retirement.  ( 26 min )

Tesla will build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars. The source, who declined to be named, did not specify when production will begin. Tesla declined to comment.  ( 33 min )

Germany's residential construction sector was again hit by a wave of cancellations in October, according to a survey published on Monday that showed a record number of firms reporting abandoned projects. "It's getting worse all the time, with more and more projects failing due to higher interest rates and elevated construction prices," says Klaus Wohlrabe, Ifo head of surveys. "In residential construction, new business remains very low and companies' order backlogs are diminishing."  ( 32 min )

Tesla will build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars. The source, who declined to be named, did not specify when production will begin. Tesla declined to comment.  ( 31 min )

Ryanair posted a sharply higher net profit for the first half 2024 as traffic grew 11%, forecast a record annual profit of up to €2 billion and said it would pay regular dividends starting next year.  ( 26 min )

For years, foreign companies plowed the profits they made in China back into the country. Not anymore.  ( 28 min )

It's been an upbeat start to the week in Asia as markets cast aside concerns about rate hikes, and go straight to pricing in early cuts. That is not to say Europe is faring any better, many analysts look for the EU to enter recession this quarter.  ( 33 min )

Spot gold was down 0.4% at $1,983.49 per ounce by 0444 GMT after rising above the key $2,000 level on Friday. U.S. gold futures fell 0.4% to $1,990.60. "The major factor that will influence gold in the near-term will be the U.S. 10-year Treasury yields... if you start to see resurgence in yields, gold could break below the key support level around $1,974," said Kelvin Wong, senior market analyst for Asia Pacific at OANDA.  ( 33 min )

Telecom Italia has approved the sale of its fixed-line network to KKR, part of a plan by the former monopoly to reduce increasingly unmanageable amounts of debt.  ( 28 min )

(Bloomberg) -- Morgan Stanley estimates a sustained oil price of $110 a barrel could undermine India’s economic stability, likely forcing the central bank to resume hiking interest rates.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons  ( 34 min )

China recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring Beijing's challenge in wooing overseas companies in the wake of a "de-risking" move by Western governments. Direct investment liabilities - a measure of FDI - were a deficit of $11.8 billion during the July-September period, according to preliminary data of China's balance of payments released late on Friday. That's the first quarterly shortfall since China's foreign exchange regulator began compiling the data in 1998, which could be linked to the impact of "de-risking" by Western countries from China amid growing geopolitical tensions.  ( 32 min )

(Bloomberg) -- In the fast-moving world of battery metals, 2022 already feels like a bygone era. Back then, prices were soaring, automakers were fretting about long-term shortages and Elon Musk was describing lithium costs as “insane.”Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesI  ( 36 min )

(Bloomberg) -- Hedge funds extended short positions on Treasuries to a record just before smaller-than-expected US bond sales and weaker jobs data spurred a rally. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesLeveraged f  ( 33 min )

Ask yourself the right questions to tell whether you’re ready to close the chapter on your career.  ( 23 min )

(Bloomberg) -- Elon Musk revealed his own artificial intelligence bot to challenge ChatGPT, claiming the prototype is already superior to ChatGPT 3.5 across several benchmarks.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia Tie  ( 33 min )

Major global currencies were steady early on Monday but seemed poised to extend last week's uptrend as the dollar nursed its losses after the Federal Reserve dialled down its hawkish rhetoric. The dollar index was flat at 105.11, with the euro at $1.0726. The dollar index declined more than 1% last week, its heaviest fall since mid-July and hit a six-week low.  ( 34 min )

(Bloomberg) -- South Korean stocks surged following the nation’s move to reimpose a full ban on short-selling for about eight months as authorities look to stomp out illegal use of the trading tactic in order to curb market turmoil.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsra  ( 32 min )

Japanese carmaker is working on new approach as it aims for massive ramp-up of EV production  ( 6 min )

(Bloomberg) -- Shares in Asia were primed to advance after Friday’s rally in US stocks and bonds as investors gave further credence to the idea interest rates are near the cycle peak.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Rus  ( 34 min )

Oil prices edged up on Monday after top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, keeping supply tight, while investors watched out for tougher U.S. sanctions on Iranian oil. Brent crude futures rose 41 cents, or 0.5%, to $85.30 a barrel by 0000 GMT while U.S. West Texas Intermediate crude was at $81.05 a barrel, up 54 cents, or 0.7%. In line with analysts' expectations, Saudi Arabia confirmed it would continue with its additional voluntary cut of 1 million barrels per day (bpd) translating into a production of around 9 million bpd for December, a source at the ministry of energy said in a statement.  ( 34 min )

(Bloomberg) -- What’s the most important price in the global economy? The price of oil? The price of semiconductors? The price of a Big Mac? More important than any of these is the price of money. For more than three decades it was falling. Now it’s going up. Ask most people how the price of money is set, and they’ll say central banks. True, when it comes to direct control of US interest rates, the Federal Reserve calls the shots. But there’s a deeper logic at work. Fundamentally, the price of m  ( 37 min )

Een rechter in Italië heeft opdracht gegeven beslag te leggen op 779 miljoen euro van verhuurplatform Airbnb. Het bedrijf wordt ervan verdacht tussen 2017 en 2021 geen belasting te hebben afgedragen over de opbrengsten uit verhuur.  ( 9 min )

De Gelderse oud-zakenman en miljardair Hans Melchers is dit weekeinde op 85-jarige leeftijd overleden, meldt Museum MORE op de website. Melchers was de oprichter van het museum in het Gelderse Gorssel.  ( 9 min )

Opnieuw is een onderzeese kabel in de Oostzee beschadigd geraakt, melden Finse autoriteiten. Het gaat om een Russische telecomkabel, die momenteel wordt gerepareerd door een Russisch schip.  ( 9 min )

De Egyptische frisdrankenproducent Spiro Spathis lijkt voorlopig van de ondergang gered door de strijd in Gaza. Het meer dan honderd jaar oude bedrijf profiteert van een oproep in het Midden-Oosten om westerse merken niet langer te kopen.  ( 9 min )

Het sociale medium X heeft één persoon in het moderatieteam van wie Nederlands de eerste taal is. Dit team bekijkt welke (gerapporteerde) berichten wel of niet aan de regels van het voormalige Twitter voldoen.  ( 9 min )

Het Openbaar Ministerie (OM) eist 25 miljoen euro tegen petrochemiereus Sabic Limburg in Geleen. Sabic wordt verdacht van een opeenstapeling van onveilige werkprocessen. Daardoor raakten drie werknemers gewond, waarvan er één overleed.  ( 11 min )

Het Openbaar Ministerie (OM) eist 25 miljoen euro tegen petrochemiereus Sabic Limburg in Geleen. Sabic wordt verdacht van een opeenstapeling van onveilige werkprocessen. Daardoor raakten drie werknemers gewond, waarvan er één overleed.  ( 10 min )

De website van de ov-chipkaart is sinds zaterdag verminderd bereikbaar na een ddos-aanval. Inmiddels is de aanval verholpen, zegt een woordvoerder van Translink, het bedrijf achter de ov-chipkaart. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )

MediaMarkt heeft goedkeuring gekregen om acht winkels van het failliete BCC over te nemen. Volgens toezichthouder ACM blijft er na de overname genoeg concurrentie over.  ( 9 min )

De prijzen van belangrijke grondstoffen voor het maken van batterijen voor elektrische auto's zijn dit jaar flink gedaald. Zo ging de prijs van lithium met bijna 70 procent omlaag en nikkel is ongeveer 40 procent goedkoper geworden.  ( 10 min )

Ondanks flink duurdere tickets stapten meer reizigers afgelopen zomer aan boord bij Ryanair dan in dezelfde periode vorig jaar. Dat levert de prijsvechter een winststijging op van bijna 60 procent.  ( 9 min )

Dit jaar zijn al duizend webwinkels offline gehaald wegens online fraude, blijkt uit cijfers van de politie. Dat is ruim 30 procent meer dan in heel 2022.  ( 9 min )

MediaMarkt heeft goedkeuring gekregen om acht winkels van het failliete BCC over te nemen. Volgens toezichthouder ACM blijft er na de overname genoeg concurrentie over.  ( 8 min )

De website van de ov-chipkaart is zaterdag niet bereikbaar door een ddos-aanval, dat zegt een woordvoerder van het bedrijf achter de ov-chipkaart, Translink. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )

Ondanks flink duurdere tickets stapten meer reizigers afgelopen zomer aan boord bij Ryanair dan in dezelfde periode vorig jaar. Dat levert de prijsvechter een winststijging op van bijna 60 procent.  ( 9 min )

Vorig jaar zijn veel minder kantoren omgebouwd tot een woning dan in 2021. Voor het eerst sinds 2015 zijn minder dan tienduizend panden in huizen veranderd.  ( 9 min )

PostNL blijft last houden van consumenten die door de hoge inflatie minder uitgeven. Daardoor heeft de post- en pakketbezorger het afgelopen kwartaal iets minder pakketten verwerkt dan een jaar eerder. Ook sturen we elkaar steeds minder brieven.  ( 3 min )

Het RIVM waarschuwt dat er tegen 2030 een drinkwatertekort dreigt te ontstaan. Er valt nog veel te leren als het aankomt op het opslaan van water, maar we kunnen zelf ook ons steentje bijdragen. Hoe ziet jouw watergebruik eruit? Houd jij je bezig met water besparen? Heb je een regenton in de tuin of douche je kort? Deel je tips en ervaringen in de reacties.  ( 8 min )

De export van Nederlandse producten aan Turkije is enorm gegroeid in de afgelopen twee jaar. Sinds de Russische inval in Oekraïne mogen sommige producten niet meer aan Rusland worden verkocht, zoals vrachtwagens en rekenmachines. Nederlandse bedrijven lijken Rusland via Turkije alsnog te bereiken.  ( 9 min )

De export van Nederlandse producten aan Turkije is enorm gegroeid in de afgelopen twee jaar. Sinds de Russische inval in Oekraïne mogen sommige producten niet meer aan Rusland worden verkocht, zoals vrachtwagens en rekenmachines. Turkije heeft wel interesse.  ( 9 min )

In het derde kwartaal vlogen er bijna 21 miljoen passagiers van en naar Nederlandse luchthavens. Dat is 11 procent meer dan in dezelfde periode in 2022. Sinds 2020 vliegen we elk jaar meer, maar voor de coronapandemie vlogen we nog vaker.  ( 9 min )

U.S. equities edged higher at midday on Monday, Nov. 6, 2023, extending gains after last week's rally amid optimism the Fed could be done raising interest rates to fight inflation.  ( 1 min )

Stock futures were slightly higher, though fighting for gains, in premarket trading Monday after equities last week posted their best week of the year.  ( 1 min )

Dish Network shares tumbled after the TV provider reported subscriber losses, while BioNTech and Ryanair shares surged after reporting better-than-expected results. Here’s what investors need to know today.  ( 1 min )

Tesla's management in Germany last week unveiled a package of wage increases for workers, raising salaries by 4%, during Elon Musk's visit to the Gigafactory on the outskirts of Berlin, The Wall Street Journal reported on Sunday, citing people familiar with the matter.  ( 32 min )

Westpac said its annual net profit rose by 26% underpinned by growth in key divisions, with the company launching a $980 million share buyback and increasing its dividend.  ( 27 min )

No content preview  ( 22 min )

Asia is poised to start this week as it finished last week, with risk assets and investor sentiment buoyed by growing confidence in the U.S. economic 'soft landing', and easing financial conditions from the slide in the dollar and U.S. bond yields. The regional economic and policy events calendar this week is jammed with top-tier releases which are sure to give local assets strong steers, especially from China. October's import and export figures are released on Tuesday, and Thursday sees the release of bank lending and credit, money supply, producer price inflation and consumer price inflation, all for October also.  ( 34 min )

Mutual funds manage more than $20 trillion in assets, so tax-loss selling in late October could drive big shifts in the stock market at year-end.  ( 33 min )

No content preview

No content preview

FedEx pilots are experiencing significant pay decreases because there isn’t enough flying to go around. The company is pushing cockpit crews to take jobs at a regional passenger airline. The post FedEx tells pilots to switch to American Airlines feeder operator appeared first on FreightWaves.  ( 39 min )

A seismic decision in a massive class-action lawsuit could save home buyers and sellers billions of dollars each year. But the fight is far from over.  ( 37 min )

Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 25 min )

Trucking bloodbath expands to lenders as industry experiences one of the sharpest downturns in history. The post Iowa bank failure tied to bad trucking loans appeared first on FreightWaves.  ( 34 min )

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

The largest publicly traded U.S. brokerage is among the worst-performing stocks in the S&P 500 this year.  ( 23 min )

Investors will look to continue a rally sparked by declining bond yields and further confidence in the Fed's path forward in the coming week.  ( 36 min )

Judging from past rate plateaus, it may pay to bet on small-cap and growth stocks—and to do it early.  ( 27 min )

No content preview  ( 25 min )

Coming up next week: more earnings, updates on household credit, and consumer sentiment.  ( 21 min )

No content preview

A surprising borrowing plan from the Treasury Department helped drive down bond yields and revive stocks.  ( 27 min )

Every successful stock portfolio starts with the right stock choices, but how can investors find those? There are thousands of firms traded on the public markets, tens of thousands of traders hawking those shares, and multiple millions of daily transactions on Wall Street’s trading floors. The sheer volume of data presents a solid barrier to most investors. But that’s what data sorting tools were invented for – tools like the Smart Score. This is a sophisticated algorithm, using AI and natural l  ( 37 min )

Social Security recipients will get a 3.2% COLA raise in 2024. All of it and more will likely be eaten by healthcare costs, leaving seniors in a hole.  ( 35 min )

Microsoft Corp. (MSFT) shares keep rising, up 47% in 2023. Unusual money flows reveal why.  ( 33 min )

PulteGroup, Inc. (PHM) shares are surging, up 83% in 2023. Unusual money flows reveal why.  ( 33 min )

(Bloomberg) -- South Korea will prohibit stock short-selling from Monday until June 2024 to allow regulators to “actively” improve rules and systems, the Financial Services Commission said Sunday. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syr  ( 33 min )

South Korea's financial authorities said on Sunday a ban on all short-selling will be re-imposed in the local stock market starting on Monday to help create a "level playing field" for both retail investors and institutional and foreign investors. The new restriction will go into effect on Monday, South Korea's Financial Services Commission (FSC) said in an announcement on Sunday. "The measure is aimed at fundamentally easing 'the tilted playing field' between institutional and retail investors," FSC Chairman Kim Joo-hyun told a news briefing.  ( 32 min )

(Bloomberg) -- Bankers servicing one of the world’s biggest ESG debt markets are now actively seeking legal protections to guard against the potential greenwashing allegations that may be ahead.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria  ( 37 min )

(Bloomberg) -- Bond investors and rates traders are increasingly betting interest-rate cuts will start by the summer, challenging policymakers’ mantra of high borrowing costs for the foreseeable future.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies i  ( 34 min )

Investors say Beijing’s sanctions could offer an unexpected boost by creating a national champion  ( 6 min )

American and Canadian governments provide many of the same types of services for those in retirement, but subtle differences between the two exist.  ( 30 min )

Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 31 min )

(Bloomberg) -- This was supposed to be the year that China’s economy roared back to life and, in the process, turned the country’s stocks and bonds into must-buys for global investors once again.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria  ( 35 min )

Their inverse correlation with stocks and bonds make these investments worth getting to know.  ( 25 min )

Investors are better off ignoring macroeconomic forecasts and focusing instead on the lessons that microeconomics can teach them.  ( 25 min )

Learn more about the Genesis Block, the original Bitcoin block, created when the first bitcoin was mined in 2009.  ( 23 min )

A layoff occurs when an employer suspends or terminates a worker, either temporarily or permanently, for business rather than performance reasons.  ( 26 min )

Here's the rundown on how different ETF dividends are taxed.  ( 25 min )

Bitcoin keeps getting older, despite being declared dead many times. Here's a refresher and some thoughts on the whitepaper that started the cryptocurrency craze.  ( 30 min )

Find out which countries produce the most oil in Latin America, and learn about some of the biggest oil companies operating in each country.  ( 24 min )

Money in an individual retirement account (IRA) can work harder for you than money in a savings account. Here are some IRA facts you need to know.  ( 25 min )

An after-tax contribution is a deposit into a retirement account of money that has been taxed in the year in which it was paid into the account.  ( 23 min )

Opening up an individual retirement account (IRA) is a simple move that will save you tax money today and help you save for tomorrow.  ( 24 min )

Here is a plan for how to ensure that early retirement isn't just a pipe dream.  ( 25 min )

Energy exchange-traded funds (ETFs) offer several ways to invest in the sector, from oil and gas companies to alternative energy sources.  ( 23 min )

If you're thinking about early retirement, you need to budget, save, invest, and plan ahead. Find out how to retire early so you can enjoy a longer retirement.  ( 26 min )

Commodity ETFs enable investors to gain exposure to individual commodities or baskets of commodities in a relatively low-risk and cost-effective way.  ( 26 min )

Green Monday refers to one of the retail industry's busiest shopping days, occurring on the second Monday in December.  ( 24 min )

Charlie Shrem is a Bitcoin advocate who spent time in prison for his involvement with the Silk Road black marketplace.  ( 25 min )

Bitcoin, which has run afoul of regulators around the world, is slowly being accepted by some government agencies in many countries.  ( 24 min )

Spears' long-awaited memoir, The Woman In Me, sold 1.1 million copies (including pre-orders, print, e-books, and audiobooks) in the first week of its release on October 24. The pop icon has a net worth of about $60 million from her lucrative music career, perfume lines, and real estate portfolio.  ( 21 min )

Coming up next week: more earnings, updates on household credit, and consumer sentiment.  ( 21 min )

American and Canadian governments provide many of the same types of services for those in retirement, but subtle differences between the two exist.  ( 30 min )

Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 31 min )

Tijdens de VN-klimaatconferentie vorig jaar werden landen het eens dat er een klimaatschadefonds moet komen. Maar het was lang onzeker hoe dat eruit moet zien. Daarom gingen rijke en arme landen dit weekend in gesprek en werden concrete stappen gezet.  ( 9 min )

Saoedi-Arabië en Rusland houden vast aan de verlaging van de olieproductie. Rusland gaf al eerder aan de vrijwillige verlaging van de olieproductie door te zetten.  ( 3 min )

Afgelopen maand viel er ontzettend veel regen. Met een totale neerslag van 205 millimeter in de Bilt, is het de natste maand ooit gemeten. Door klimaatverandering worden onze winters bovendien regenachtiger. Toch dreigt er tegen 2030 een drinkwatertekort te ontstaan, hoe kan dat?  ( 9 min )

Werknemers in de Nederlandse houthandel leggen maandag opnieuw het werk neer. Dat melden vakbonden FNV en CNV. De bonden willen met de acties een betere cao afdwingen. De werkonderbreking is in navolging van de landelijke staking van 48 uur vorige week.  ( 9 min )

De inflatie in de eurozone zal in 2025 weer zijn teruggezakt naar de gewenste 2 procent. Dat voorspelt ECB-president Christine Lagarde in een interview met de Griekse krant Kathimerini.  ( 9 min )

China gaat meer buitenlandse goederen importeren. Ook zet het land de deur voor zaken met buitenlandse bedrijven verder open.  ( 8 min )

De inflatie in de eurozone zal volgens president Christine Lagarde van de Europese Centrale Bank (ECB) in 2025 weer terug zijn gezakt naar de doelstelling van 2 procent. Dat zegt Lagarde in een interview met de Griekse krant Kathimerini.  ( 9 min )

Most Value at Risk models assume away extremely high levels of volatility. This makes VaR particularly poorly adapted, yet well-suited, for stress testing.  ( 23 min )

Small Business Saturday is designed to encourage consumers to shop at small businesses.  ( 24 min )

Bond exchange-traded funds (ETFs) combine the relative stability and portfolio diversification of bond mutual funds with the intra-day liquidity of stocks.  ( 24 min )

Taking a formal course on retirement planning can help you learn how to maximize your own plan or help others do the same.  ( 22 min )

Should you continue to Hold On For Dear Life (HODL), given the volatility of bitcoin prices? Or is it time to admit you made a mistake? Here's what the bears and bulls say.  ( 23 min )

Ever wondered what it was like to be an economist? Here's a look at what economists do, where they work, and what career paths lay before you.  ( 27 min )

Unlike IRA contributions, 401(k) contributions generally must be paid during the calendar year to be deductible from that year's income.  ( 23 min )

In 2023, you can contribute up to $6,000, or $7,000 if you’re age 50 or older, to all of your Roth and traditional IRA accounts.  ( 32 min )

UAW has negotiated a 25% wage increase over the life of the contract, which runs to September 2027, according to Union leadership Saturday.  ( 18 min )

Learn what the concept of negative correlation means, understand how it is generally calculated and see how it is used in the construction of portfolios.  ( 21 min )

Taproot—one of Bitcoin's most significant upgrades—was implemented on its network in November 2021. Here's a brief primer.  ( 21 min )

Berkshire Hathaway reported its third-quarter earnings, which saw it's biggest cash hoard to date and a 40% increase in operating income.  ( 19 min )

We'll show you how to set yourself up to retire in style.  ( 28 min )

Food delivery company and e-commerce retailer DoorDash posted earnings that beat analysts' expectations, as orders rose at a double-digit pace and the company drew more users onto its platform.  ( 18 min )

Kangaroos are slang for the stocks that comprise Australia's All-Ordinaries stock market index.  ( 21 min )

Capital employed, also known as funds employed, is the total amount of capital used for the acquisition of profits. Learn how this calculation can be used.  ( 25 min )

Business risk is the exposure a company or organization has to factor(s) that can lower its profits or lead it to fail. Learn how risk is created and how to avoid it.  ( 26 min )

Sam Bankman-Fried was co-founder and ex-CEO of bankrupt cryptocurrency exchange FTX before its sudden collapse in November 2022. He now faces criminal fraud charges.  ( 28 min )

Despite a decrease in active drilling rigs, U.S. crude oil production reached a record average of 13.05 million barrels per day in August 2023 thanks to significant efficiency gains and advanced drilling techniques.  ( 34 min )

Analysts have weighed in on Apple's Q4 2023 financial results, with most taking the view that the quarter is decent-performing, but with caution about a shorter Q1 2024.  ( 36 min )

Warren Buffett and his team sold over $5 billion of stocks on a net basis last quarter, boosting their mountain of cash and Treasuries to a new high.  ( 34 min )

No content preview

No content preview

(Bloomberg) -- China’s deflationary pressures just aren’t going away, underscoring the fragility of the economic recovery as 2023 enters the home stretch. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesData due Thursday wi  ( 37 min )

(Bloomberg) -- A prospect that might have seemed unthinkable just a couple short weeks ago is coming into view for bond traders: The potential for US Treasuries to post an annual gain for the first time since 2020.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Ir  ( 34 min )

Should you continue to Hold On For Dear Life (HODL), given the volatility of bitcoin prices? Or is it time to admit you made a mistake? Here's what the bears and bulls say.  ( 23 min )

No content preview

Conglomerate offloads more than $5bn worth of US and international shares  ( 6 min )

In 2023, you can contribute up to $6,000, or $7,000 if you’re age 50 or older, to all of your Roth and traditional IRA accounts.  ( 32 min )

Starbucks is counting on three of the world's biggest tech giants — Microsoft, Amazon and Apple — to help power a new growth sprint for the coffee giant.  ( 34 min )

A $1.8 billion verdict this week against the National Association of Realtors and large brokerages likely spells changes ahead.  ( 33 min )

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

No content preview

As the labor deal ratification process continues, UAW President Shawn Fain repeated his message to non-union auto workers: Get ready to stand up.  ( 23 min )

Learn what the concept of negative correlation means, understand how it is generally calculated and see how it is used in the construction of portfolios.  ( 21 min )

Berkshire Hathaway saw higher profits from its insurance business and more income from its huge cash holdings.  ( 32 min )

(Bloomberg) -- The stock market just finished its best week in almost a year, but lurking beneath the euphoric surface are fears about Corporate America’s profit outlook.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesAmong  ( 34 min )

China’s economy, war in the Middle East and a predicted El Niño are among the factors experts are looking at.  ( 29 min )

The conglomerate’s quarterly loss widened, stung by the stock market downturn.  ( 28 min )

Berkshire Hathaway reported its third-quarter earnings, which saw it's biggest cash hoard to date and a 40% increase in operating income.  ( 20 min )

Deere, Agco and CNH Industrial are offering cheaper retrofits to ease the transition to more automation.  ( 24 min )

(Bloomberg) -- Between 2013 and 2017, Peter To claims he made more than $1 million by day-trading Bitcoin during its bull runs.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesWhile the world’s largest cryptocurrency has ral  ( 35 min )

Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well. Berkshire Hathaway said Saturday that it lost $12.8 billion, or $8,824 per Class A share, in the quarter. Accounting rules require it to include the value of its investments, which it put at $341.1 billion at the end of the quarter, in its earnings.  ( 33 min )

Roughly 53,000 US home purchase agreements fell through in September, according to Redfin, equal to 16.3% of homes that went under contract that month.  ( 34 min )

Warren Buffett's Berkshire Hathaway Inc on Saturday posted its first overall quarterly loss in a year  ( 34 min )

(Bloomberg) -- Berkshire Hathaway Inc.’s cash pile scaled a fresh record at $157.2 billion, bolstered both by elevated interest rates and a dearth of meaningful deals where billionaire investor Warren Buffett could put his money to work. Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIceland’s Blue Lagoon on Alert for Magma Flows After Earthquake  ( 33 min )

Berkshire said its third-quarter net loss was $12.77 billion, or $8,824 per Class A share, and compared with a $2.8 billion loss a year earlier. Operating profit rose 41% to $10.76 billion, or $7,444 per Class A share, from $7.65 billion a year earlier. Berkshire said it repurchased $1.1 billion of its stock in the quarter, and has bought back about $7 billion this year.  ( 33 min )

No content preview

Shifts in the U.S. tobacco market are trickier for expensive brands like Marlboro to navigate than cheaper rivals.  ( 27 min )

It was 2002 and with New Labour still riding high on the back of the largest-ever second-term majority in British electoral history, Tony Blair and his entourage swept into the building.  ( 38 min )

The convicted FTX founder once stood for crypto’s potential primacy over traditional finance. Now, he represents its deflated ambitions.  ( 28 min )

Anthony Albanese, making the first visit by an Australian leader to China since before a diplomatic rift in 2020, could face a tough task in repairing trade ties.  ( 28 min )

The payments company is under pressure. Jack Dorsey, the often-distant CEO, says he is stepping back into the ring.  ( 25 min )

"You trust your parents. This is not what they should be doing to their children."  ( 38 min )

(Bloomberg) -- If the oil market offers clues about the state of the economy, it’s through the prism of two petroleum products: diesel and naphtha. And in Europe, the news is bleak.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIsrael Latest: Hezbollah Warns on Escalation, US Deploys DronesIceland’s Blue Lagoon on Alert for Magma Flows After Eart  ( 35 min )

Pano Christou worked his way up the corporate ladder, landing the top job after two decades and 10 promotions at the company.  ( 36 min )

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIsrael Latest: Hezbollah Warns on Escalation, US Deploys DronesIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesAs Russia’s central bank prepared to lift interest rates last w  ( 36 min )

No content preview

No content preview

UAW has negotiated a 25% wage increase over the life of the contract, which runs to September 2027, according to Union leadership Saturday.  ( 1 min )

Food delivery company and e-commerce retailer DoorDash posted earnings that beat analysts' expectations, as orders rose at a double-digit pace and the company drew more users onto its platform.  ( 1 min )

China heeft opnieuw een grote langjarige deal gesloten met Qatar voor de levering van vloeibaar gemaakt aardgas (lng). Dat is een nieuwe stap van de Chinezen om de energiezekerheid in het land veilig te stellen.  ( 8 min )

De bekende Amerikaanse beursmiljardair Warren Buffett heeft zijn enorme bulk cashgeld in het afgelopen kwartaal zien stijgen tot een recordbedrag van 157,2 miljard dollar, omgerekend zo'n 148 miljard euro.  ( 8 min )

Het Duitse chemiebedrijf Merck overweegt banen te schrappen vanwege een afgenomen vraag bij de tak die grondstoffen maakt voor de elektronica-industrie.  ( 8 min )

De website van de ov-chipkaart is zaterdag niet bereikbaar door een ddos-aanval, zegt een woordvoerder van het bedrijf achter de ov-chipkaart, Translink. De aanval is opgeëist door een pro-Russische hackersgroep.  ( 8 min )

De Duitse minister van Financiën Christian Lindner voelt niets voor een vierdaagse werkweek met een voltijds salaris. "Nooit in de geschiedenis heeft een samenleving haar welvaart vergroot door minder te werken", vindt de minister.  ( 3 min )

De Duitse minister van Financiën Christian Lindner voelt niets voor een vierdaagse werkweek met een voltijds-salaris. Dat zegt de minister op een beleidsevenement in het Zwitserse Luzern.  ( 3 min )

Nederland moet hard gaan werken aan de opslag van energie. Maar investeren in die opslag is volgens de energiesector nu niet rendabel. Daardoor groeit de kans dat we de komende jaren zonder stroom komen te zitten.  ( 10 min )

Nederland moet hard gaan werken aan de opslag van energie. Maar investeren in die opslag is volgens de energiesector nu niet rendabel. Daardoor groeit de kans dat we de komende jaren zonder stroom komen te zitten.  ( 10 min )

Individual stocks haven’t reacted well to earnings, but the stock market surged anyway.  ( 35 min )

No content preview

Analysts size up ConocoPhillips, Cooper Cos., SolarEdge, Expedia, First Horizon, and Block  ( 27 min )

Days after the 10-year Treasury yields reached a 16-year high of 5 percent, a CBRE (CBRE) investment report concluded that increased yields on the benchmark Treasury bond have eroded investor confidence in commercial real estate and will contribute to lower values across all asset classes in 2024. “Our econometric models indicate that the rise in the 10-year Treasury yield to 5 percent or more, if sustained, will raise cap rates and lower capital values for commercial real estate,” the CBRE report concluded.  ( 36 min )

No content preview

Today's best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.  ( 21 min )

Here are some of the major companies whose stocks moved on the week’s news.  ( 27 min )

To all the homebuyers dreading the toxic mix of low inventory and 8% mortgage rates, how does a cooling economy and a 7.4% rate sound?  ( 35 min )

These are the top young leaders on Wall Street. From influencing how the world's biggest hedge fund invests to helping Fortune 500 companies raise capital.  ( 33 min )

The S&P 500 rose 0.9% on Friday, Nov. 3, 2023, after the Labor Department reported fewer jobs were created in October than expected, boosting optimism the Fed might not hike rates further this year.  ( 18 min )

Chevron stock has dropped  ( 31 min )

Truck-stop operator Pilot is suing Berkshire Hathaway, claiming Warren Buffett's company is using accounting adjustments to potentially shortchange the family that once controlled it.  ( 31 min )

No content preview

No content preview

No content preview

No content preview

Starbucks soared 12% after crushing its earnings, surprising analysts. Another surprise: It's investing in things that help its workers do their jobs better.  ( 36 min )

If you cheat on your taxes, Republicans want your vote.  ( 35 min )

The October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.  ( 46 min )

(Bloomberg) -- Former Treasury Secretary Lawrence Summers warned against the exuberance taking hold in financial markets that the Federal Reserve has effectively won the war on inflation.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleS&P 500 Notches Best Week in 2023 as Yields Tumb  ( 35 min )

While inflation has made real estate investment trusts (REITs) more appealing to many investors, the rate hikes that followed sent many running in the opposite direction. Higher interest rates have not only hindered company growth but have also made REIT dividend yields less attractive than the "risk-free" Treasury yields. When dividend yields start hitting double digits, however, some REITs become a little too tempting to ignore. Are these 10%+ yields too good to pass up, or too good to be true  ( 36 min )

The new headline 5.27% I bond rate only applies to new bonds. Your new rate for an existing I bond is likely much lower, and you may be better off cashing it out for a CD.  ( 23 min )

Spousal IRA contributions allow a working spouse to put money in their nonworking spouse's retirement account, if they meet these requirements.  ( 25 min )

(Bloomberg) -- Two of Bank of America Corp.’s leading markets strategists struck a rare agreeable tone on Friday, each prophesying gains ahead for equities — at least in the near term.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesIsrael Latest: Hezbollah Warns on Escalation, US Depl  ( 34 min )

No content preview

No content preview

Just as price increases are cooling off for most products and services people buy, inflation is heating up for some of the bigger-ticket items in household budgets: auto and homeowners insurance policies.  ( 22 min )

No content preview

No content preview

No content preview  ( 21 min )

Nio will reduce jobs this month and cut or defer some investment, as the electric-vehicle startup contends with widening losses and rising competition. Shanghai-based Nio will [cut about 10% of positions](https://www.wsj.com/business/nio-to-cut-jobs-investment-in-face-of-rising-competition-592c07c5  ( 23 min )

No content preview

No content preview

No content preview

No content preview

(Bloomberg) -- Billionaire investor Stanley Druckenmiller isn’t letting up in his verbal sparring with Treasury Secretary Janet Yellen, saying her department is defending itself with faulty arithmetic.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesApple Warns of Sluggish Holiday Qu  ( 34 min )

No content preview

No content preview

Influential investor Warren Buffett has been doling out investment advice since the beginning of his career. A staunch advocate of value investing in large-cap, well-managed equities, Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Investing in high-quality dividend stocks can help you generate substantial passive income, creating a sturdy cushion for retirement as well as side earnings. Companies categorized as dividend aristocrats have a  ( 35 min )

Bill Gates is a central figure in the tech and business sector, having transformed the technology landscape as the co-founder of Microsoft Inc. and becoming one of its most affluent individuals. He reached billionaire status in 1987, and by 1995, Forbes named him the world’s richest person, a distinction he held for most of the next two decades. Despite his immense wealth, for the first 10 years as a billionaire, he chose to fly in economy class. Now, he owns a fleet of jets and is one of the mo  ( 35 min )

In many Americans’ minds, the traditional retirement age is 65. But often people want to wrap up their career sooner than that. According to a 2021 report from Natixis Investment Managers, younger generations plan to retire earlier. Members of Generation Y … Continue reading → The post How to Retire at 64: Step-by-Step Plan appeared first on SmartAsset Blog.  ( 38 min )

I am 48 years old. I made $310,000 last year and I currently have $546,000 in my retirement plan at work. My husband is on disability and doesn't work and does not have a 401(k) plan. I wanted to open a Roth IRA but I read that I make too much money. What options do […] The post Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn’t Work. How Can I Save More? appeared first on SmartReads by SmartAsset.  ( 35 min )

Global hedge funds using algorithms to trade stocks endured one of their worst days of the year on Thursday, a Goldman Sachs note on Friday showed, a sign that a sharp rally in shares on hopes that global rate hikes are over caught some off guard. Systematic fund managers, particularly those which had short bets on highly traded stock names, got caught trying to get out of crowded trades and found themselves stuck in losing positions, Goldman Sachs said. An index of these funds tracked by Goldman Sachs had their "third worst single day this year," the investment bank said in a note to clients.  ( 33 min )

Sam Bankman-Fried, the founder and former CEO of crypto exchange FTX, was found guilty by a jury on seven counts including fraud and money laundering after a month-long trial.  ( 21 min )

Charlie Munger isn't too worried about Apple's valuation. During a recent conversation with the Berkshire Hathaway vice chairman, I asked if he thought the tech giant's shares have gotten expensive to continue being a [major Berkshire holding](https://www.wsj.com/articles/berkshire-hathaway-kicks-o  ( 23 min )

No content preview

Saving for retirement is all about investing, and no matter how you go about it, you’re going to end up paying taxes on what you save and earn.  ( 35 min )

After already falling for two days, 30-year mortgage rates have plummeted another two-tenths of a point, lowering the average to its cheapest level since September.  ( 19 min )

Carvana stock popped after the company reported positive adjusted EPS. Wall Street had expected a loss.  ( 34 min )

The family who founded Pilot Travel Centers and sold 80% of it to Berkshire Hathaway has filed suit over valuing the final 20%. The post Haslam family sues Berkshire over valuing of final chunk of Pilot appeared first on FreightWaves.  ( 35 min )

Icahn Enterprises' shares jumped nearly 14% after the company said it would maintain its quarterly dividend. IEP said Friday it would pay a dividend of $1 a share in the third quarter, which represents a yield of around 20%. IEP also reported better-than-expected third-quarter revenue of $3 billion  ( 24 min )

No content preview

Nio is about to lay off 10% of its workforce, according to Reuters. It could have implications for Tesla, BYD, and other EV peers.  ( 24 min )

Consumer spending has long been a primary driver of the US economy. The average household, with its non-negotiable needs and its appetite for entertainment and relaxation, provides the support for a vast economic edifice – of retail, services, industry, and logistics. And, of course, for leisure. Theme parks are popular entertainment destinations, perfect for day trips or as the centerpiece of a longer vacation. The park industry has seen headwinds this year – high inflation has forced them to r  ( 37 min )

SBF’s enormous fraud was made possible with venture capital dollars.  ( 34 min )

The world's third richest person is leaving Washington, home to a new state-wide levy on asset disposals after a legal challenge failed in court this year.  ( 34 min )

The October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.  ( 35 min )

Icahn Enterprises halved its dividend last quarter but says Friday it will keep the current $1 payout steady.  ( 20 min )

“This is not a diet. This is a resetting of the baseline,” said Maersk CEO Vincent Clerc on his company’s job cuts. The post Maersk cutting 10,000 jobs in face of ‘worsening market conditions’ appeared first on FreightWaves.  ( 36 min )

It might not be long until résumé are a thing of the past because most bosses are favoring skills-based hiring and reporting big results.  ( 34 min )

Rivals Palo Alto, ZScaler and CrowdStrike fell between 2.5% and 3.8%. Fortinet cut its annual revenue target on Thursday and said it expects current-quarter sales between $1.38 billion and $1.44 billion, below estimates of $1.50 billion, LSEG data showed. "We thought sentiment reflected an expectation for a miss/ guide down, but the magnitude was even worse than our bogeys," said Raymond James analysts.  ( 33 min )

(Bloomberg) -- US Treasury Secretary Janet Yellen disputed billionaire investor Stan Druckenmiller’s assertion that her department had made “the biggest blunder in history” by not taking advantage of near-zero interest rates to sell more longer-term bonds.Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App M  ( 33 min )

Google has ended its agreement with real estate developer Landlease for its San Francisco Bay Project, effectively scrapping its plans to build a campus with thousands of homes for employees and locals.  ( 33 min )

If you're in your mid-60s and still working, it may be time to start seriously planning for retirement. That doesn't mean you need to leave work immediately, but retirement is likely on the horizon. Imagine you're 65 years old, you have $250,000 in an IRA and expect to receive $3,000 per month from Social Security. […] The post I Have $250k in an IRA and Will Receive $3,000 Monthly From Social Security. Can I Retire in 5 Years at 70? appeared first on SmartReads by SmartAsset.  ( 35 min )

No content preview

No content preview

No content preview

No content preview

No content preview

I have a million dollars and I want to put it to work for me. Where can I put it to make the most amount of passive income from it? Also, how can I minimize taxes on that to be able to keep more of that money? – Andrea While today's high-interest rate environment has […] The post Ask an Advisor: I Have $1 Million and Want It to Work for Me. How Do I Maximize Passive Income and Minimize Taxes? appeared first on SmartReads by SmartAsset.  ( 36 min )

Chinese electric-vehicle maker Nio will reduce positions and cut or defer some investment, moves aimed at boosting its viability as it contends with widening losses and rising competition.  ( 27 min )

No content preview

No content preview

No content preview  ( 21 min )

(Bloomberg) -- A brief cash squeeze rattled China’s money markets earlier this week, illustrating how the nation’s tightly-managed financial system is under strain from the government’s deluge of debt sales.Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaHarvard, Yale Wa  ( 34 min )

(Bloomberg) -- Warren Buffett’s Berkshire Hathaway is poised to show that persistently high interest rates have helped the conglomerate more than they hindered it. Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleHedge Fund Executive’s Sudden Death Exposes a Firm Deep in TroubleIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaHarvard, Yale Warned by Top Law Firms About AntisemitismThe  ( 35 min )

The iPhone maker on Thursday predicted quarterly sales that were below market estimates, blaming weak demand for iPads and wearables, especially in key market China. The projection fanned fears about broader holiday demand, with estimates including those from the U.S. National Retail Federation and Deloitte predicting the slowest rise in sales in the crucial shopping period in years due to sticky inflation. "Apple's revenue growth has stalled over the past few quarters - and appears likely to continue to stagnate over the next year," said brokerage Bernstein, noting the holiday quarter usually sets the tone for Apple's fiscal year that runs until September.  ( 33 min )

No content preview

No content preview